evn telecom dials in changes

EVN Telecom dials in changes

Cash-strapped telco EVN Telecom was officially merged into leading military-run telecom group Viettel from January 1, 2012.
evn cuts cost to help slow price rise

EVN cuts cost to help slow price rise

Electricity of Vietnam has targeted reducing its production costs by VND1.8 trillion ($85.7 million) this year.
evn has power to succeed

EVN has power to succeed

State-run Electricity of Vietnam is confident it can cool any red-hot power crisis this year.
power utility found with unsettled loss of 723 mln

Power utility found with unsettled loss of $723 mln

State-owned utility Electricity of Vietnam (EVN) has an unsettled loss of VND15 trillion ($723.2 million) due to exchange rate fluctuations, the State Audit has said.
massive losses cost evn chairman his seat

Massive losses cost EVN chairman his seat

The Prime Minister has dismissed Dao Van Hung, chairman of the Electricity Group of Vietnam (EVN), which has been making losses while under his control, with the loss-stricken EVN Telecom the most infamous example.
evn to borrow over 3 billion for power projects

EVN to borrow over $3 billion for power projects

The Electricity of Vietnam (EVN) will borrow more than $2 billion from ODA sources and $1 billion in commercial loans for its major power projects in 2012.
monopoly firm runs debt exceeding 114 billion

Monopoly firm runs debt exceeding $11.4 billion

The debt of the Electricity of Vietnam Group (EVN) has exceeded VND240 trillion ($11.4 billion) as of 2010, according to a recent report from the State Audit of Vietnam.
power prices to increase by 5 pct

Power prices to increase by 5 pct

The Electricity Group of Vietnam (EVN) has announced that it will raise power prices by 5 per cent from tomorrow (December 20).
hanoi twin towers on fire

Hanoi twin towers on fire

A massive fire this afternoon hit the twin towers of the EVN Center for Telecommunications Information Management in Hanoi as clouds of smoke are seen billowing out of the towers.
viettel to swallow up evn telecom

Viettel to swallow up EVN Telecom

Viettel is to take over capital-starved EVN Telecom from January 1, 2012.
evns tragic business results released

EVN’s tragic business results released

hanoi telecom persists with evn telecom takeover

Hanoi Telecom persists with EVN Telecom takeover

Hanoi Telecom Corp. has sent a letter to the Competition Department, Vietnamese Ministry of Industry and Trade saying that if mobile network Viettel is allowed to take over cash-trapped EVN Telecom, it would breach the country’s Competition Law.
small telecom firms fear monopoly over evn telecom deal

Small telecom firms fear monopoly over EVN Telecom deal

Hanoi Telecom sent a request to the prime minister seeking interventions in acquisition plans for EVN Telecom.
evn telecom faces judgment day

EVN Telecom faces judgment day

Electricity of Vietnam subsidiary EVN Telecom faces merging with a big network operator.
hanoi telecom plans to acquire evn 3g network

Hanoi Telecom plans to acquire EVN 3G network

Hanoi Telecom Corp, an owner of Vietnammobile, has submitted a proposal to the Prime Minister to purchase 3G broadband and network infrastructure from the faltering EVN Telecom.