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Construction of the US$4-billion Bac Lieu liquefied natural gas-fired power plant in the south has not begun even three years after its approval due to a disagreement in electricity selling price. National utility Vietnam Electricity (EVN) and the investor, Singapore’s Delta Offshore Energy, have held nine rounds of negotiations but …

Shareholders of Bamboo Airways, at an extraordinary general meeting on Monday, rejected plans for a private placement of shares to increase charter capital. The proposal for a VND9.57-trillion ($405.5 million) issue to increase the capital to VND28 trillion, restructure loans and swap debts for shares based on agreements with creditors …

Chuong Duong Beverage expects to double its revenues this year to VND365 billion ($15.57 million), the highest since 2017, by expanding sales networks and entering new markets. It also expects to break a two-year losing streak and earn profits of VND3.8 billion. For this, it plans to increase production by …