Vietnam PM orders ministries to review EVN’s non-core sector investment
These include EVN’s investment areas of securities, banking, insurance and investment in EVN Telecom.
In this dispatch or order, the Prime Minister asked the Ministry of Industry and Trade to promulgate and publicize the power purchase price brackets applied to each type of power (hydropower and thermal power) and at the same time check the implementation of electricity prices according to Vietnam’s law. MoIT must draw its experiences in not yet adhering to the direction of the Prime Minister when guiding the electricity sale prices in 2010.
The Prime Minister also asked MoIT to directly review the responsibility of collective and individuals involved in the violations discovered through inspections and report results to the Prime Minister.
In a recent interview with Tien Phong newspaper, Dinh Quang Tri, EVN’s deputy general director said EVN’s total investments in the external sectors were less than 3% of the total capital of EVN, equivalent to approximately three trillion dong.
