Financials and Investment News in Vietnam

Coro EnergyAnnounces Proposed Equity Fundraising and Share Capital Reorganisation
1/9/2025 - Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, is delighted to announce a proposed recapitalisation of the business to be implemented by way of an ...
Solarvest and Finhero Launch Vietnam’s First Solar Financing Fintech Solution
11/20/2024 - Solarvest Holdings Berhad (“Solarvest”), a leading clean energy expert, has officially launched its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese bus...
Credit Line for Vietnam Prosperity Joint-Stock Commercial Bank under GREEN Operations
10/10/2024 - The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on October 9 a general agreement to provide a credit line with Vietnam Prosperity Joint-Stock Commercial Bank (V...
Excelerate Energy Reports Second Quarter 2024 Results
8/7/2024 - Excelerate Energy, Inc. (NYSE: EE) (the Company or Excelerate) reported its financial results for the second quarter ended June 30, 2024.

RECENT HIGHLIGHTS
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AIIB Commits USD75M to Green and Blue Bonds of Viet Nam’s SeABank
7/12/2024 - The Asian Infrastructure Investment Bank (AIIB) has signed a USD75-million financing contract to support green and blue bonds to be issued by Southeast Asia Commercial Joint Stock Bank (SeABank). This...
Leader Energy Secures $23.13M Financing from HSBC for Vinh Hao 6 Solar Plant
7/8/2024 - In July 2024, Leader Energy signed a VND593 billion ($23.13 million) green financing agreement with HSBC Bank (Vietnam) Ltd. to refinance Vinh Hao 6 (VH6), a 50MW solar power plant acquired by Leader ...
AIIB invests US$75 million in green and blue bonds of SeABank
7/1/2024 - Asian Infrastructure Investment Bank (AIIB) provides an investment of US$75 million to the green and blue bonds issued by Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB).

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IFC & WFG to Resolve Non-Performing Loans, Enable Increased Access to Finance in Viet Nam
6/27/2024 - While supporting financial institutions to resolve their non-performing loans (NPLs) and free up capital for new lending, a $60-million platform will allow defaulted borrowers to rebuild their creditw...
Coro Energy Provides Vietnam Update - Project Funding Update
1/18/2024 - Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces the receipt of an in principle offer from a Vietnamese Bank for project debt finance and a...
ECV Signs MoU with CSIS in Support of US Vietnam Initiative
11/13/2023 - Energy Capital Vietnam (ECV), a project development and holding company established as a platform for direct investment into energy and infrastructure within Vietnam, signed a Memorandum of understand...
Vietnam's First Local Currency Sustainability-Linked Bonds to Boost Economy, Support Climate Goals
9/19/2023 - As local companies seek financing to grow and seize new opportunities amid a green transition, IFC is investing up to VND 3,500 billion (around $150 million) in local currency sustainability-linked bo...
ACEN Registers 13.1 Billion Net Income in 2022
3/9/2023 - • Consolidated revenues up 35% to 35.2 billion
• Attributable EBITDA down 5% to 14.3 billion, with international earnings offsetting the decline in Philippine margins
• Net income reaches 13...
VietNam Holding Announces Share Buy Back and Cancellation
1/3/2023 - VietNam Holding Limited announces that on 30 December 2022, it purchased 25,940 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of 259.00 pence per Ordinary...
Norsk Solar Secures Project Financing from ResponsAbility for 11 MW Solar Project in Vietnam
5/24/2022 - Norsk Solar Vietnam has secured non-recourse project financing of up to USD 12 million from responsAbility Investments. Norsk Solar Vietnam is owned by Nordic Impact Cooperation, an investment platfor...
PV Power Estimated Revenue of 2,824 billion VND in April
5/11/2022 - PetroVietnam Power Corporation (PV Power, HoSE: POW) announced that electricity output in April reached 1.4 billion kWh, 28% higher than the monthly plan; accumulated 5 billion kWh. In which, Nhon Tra...
Jadestone Energy Announces Settlement in Respect of Vietnam Dispute
11/11/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announces settlement of a dispute with Teikoku Oil (Con Son) Co. Ltd. (“Teikoku”), a wholly own...
ECV Selects Deutsche Bank AG as Debt Financing Advisor
10/13/2020 - Energy Capital Vietnam (ECV), a US-based project holding and development company established to serve as a platform for private investment into Vietnam, has selected Deutsche Bank AG to serve as its d...
Revised 2020 Capex Guidance and Update on the Southwest Vietnam Gas Development
3/19/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, provides an update on its 2020 capital expenditure guidance.

In light of current ...
New Debt Facility Signed
9/17/2018 - SOCO has signed a new US$125 million Reserve Based Lending Facility (“RBL”) secured against the Group’s producing assets in Vietnam. In addition to the committed US$125 million, a further US$125 milli...
Vietnam Seeks $1.2 Billion in Overseas Loans to Expand Refinery
12/2/2016 - Vietnam is seeking about $1.2 billion in overseas loans for its only oil refinery before a share sale in 2017, to increase output and meet demand in one of Southeast Asia’s fastest growing economies. ...

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