Vietnam government says state utility EVN had losses of US$879 mil in 2023

evn-prepares-plans-to-ensure-electricity-supply-in-anticipation-of-surging-demand

HANOI (Reuters): Vietnam's state utility and its key power generator EVN reported losses of 21.82 trillion dong (US$879 million) in 2023 on rising costs, the Ministry of Industry and Trade has announced.

EVN is the sole operator of the national power grid in the Southeast Asian country, a regional manufacturing hub.