EVN likely to take over major foreign-invested power plants as BOT contracts expire

EVN likely to take over major foreign-invested power plants as BOT contracts expire

Vietnam’s Ministry of Industry and Trade has proposed Prime Minister Pham Minh Chinh allow state utility Vietnam Electricity (EVN) to take over the management of two major gas-fired power plants in southern Vietnam after their build-operate-transfer (BOT) contracts expire.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Housing developer Nam Long transfers 25% stake in subsidiary Paragon Dai Phuoc

Housing developer Nam Long transfers 25% stake in subsidiary Paragon Dai Phuoc

Vietnam's leading housing developer Nam Long Investment Corporation has transferred a 25% stake in its subsidiary Paragon Dai Phuoc Co., Ltd.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Road builder Tasco buys out insurer Groupama Vietnam

Road builder Tasco buys out insurer Groupama Vietnam

Tasco JSC, a major Vietnamese road builder, has acquired the entire Groupama Vietnam General Insurance Company Ltd. from France's Groupama Assurances Mutuelles.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vingroup to divest from gene decoding subsidiary

Vingroup to divest from gene decoding subsidiary

Vingroup, Vietnam's largest listed conglomerate, has decided to sell its stake in GeneStory JSC after more than a month of capital contribution.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7