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The trade ministry has decided to cut electricity tariffs for certain customers by 10% for the next three months to support economic activities amid the Covid-19 pandemic.

The ratings are at the same level as the Vietnam sovereign rating.

The company’s registered capital is higher than that of Vietnam’s largest mobile carrier Viettel.

The purchase of rooftop solar power is part of efforts to boost the development of renewable energy in Vietnam amid quick energy transition.

The contracts were signed in Hanoi during the visit by Lao Prime Minister Thongloun Sisoulith.

The stoppage of licensing of new solar farm aims to make further move in building policies on FiT scheme and to prepare for better power transmission capacity.

The PM demands no power shortage for economic development in the coming years.

The partnership will enable GS Energy to accumulate business know-how of the “LNG value chain” in Vietnam.

The government affirms that the revocation would cause no negative effects on the national power security and public debt.

This is the latest loan of AFD's more than US$2 billion for sustainable development projects in Vietnam.