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IFC to support distressed companies in Vietnam

IFC to support distressed companies in Vietnam

IFC’s investment in Altus Capital will enable the company to set up a regional facility to invest in the Philippines, Thailand, Indonesia, and Vietnam, the latter two being nascent markets for distressed asset recovery.

India's Waaree Energies to set up 60-MW solar project in Vietnam

India's Waaree Energies to set up 60-MW solar project in Vietnam

Being developed in central Khanh Hoa province, the project has been approved by EVN (Vietnam Electricity), the country`s sole electricity distributor, for 60 MW and is expected to generate 106,000 MWh of electricity per year, once commissioned.

Viettel to offload entire holding at Vinaconex

Viettel to offload entire holding at Vinaconex

The buyer would have to purchase the entire amount at the minimum of VND2 trillion (US$85.65 million), for which the starting price for each share is VND21,300 (US$0.91).