Six State–owned enterprises (SOEs) with a total State stake of 800 trillion VND (31.5 billion USD) will be transferred back to the Ministry of Industry and Trade (MoIT) after six years under the management of the Commission for the Management of State Capital at Enterprises (CMSC).

The Vietnam Coal and Mineral Industries Group (TKV) has announced that in the first two months of this year, it earned 25.2 trillion VND (1.06 billion USD) in revenue, accounting for 15% of this year’s plan and up 27.8% over the same period last year.

The Electricity of Vietnam (EVN), National Oil and Gas Group (PetroVietnam) and National Coal-Mineral Industries Corporation (TKV) should work harder towards a competitive power generation market.