EVN Divests Entire Capital from 6 Enterprises

08:33, 11/07/2024

The Prime Minister of the Government of Vietnam has just issued Decision No. 852/QD-TTg approving the overall scheme for the arrangement and restructuring of enterprises under the Vietnam Electricity (EVN) for the period 2017 - 2020.

According to the content of the Scheme, EVN will divest all its capital in the following companies:

- EVN Finance Joint Stock Company;- Thu Duc Electro-Mechanical Joint Stock Company;- Dong Anh Electrical Equipment Corporation - Joint Stock Company;- Thuan Binh Wind Power Joint Stock Company;- Power Engineering Consulting Joint Stock Company 3;- Power Engineering Consulting Joint Stock Company 4.

The capitalization divestment in the above-mentioned companies by EVN is part of the plan to rearrange and restructure EVN's member units during the period 2017-2020.

In addition, EVN is actively promoting corporate governance restructuring, focusing on areas such as:

- Completing management institutions;- Strengthening the management and executive apparatus;- Promoting the application of modern technology.

Decision 852/QD-TTg is effective from June 14, 2017.

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