31.7 C
Ho Chi Minh City
Saturday, December 14, 2024

Vingroup, PV Power to jointly develop EV charging stations nationwide

The Saigon Times

Must read

HCMC – Vingroup (HOSE, ticker: VIC) has signed a cooperation agreement with PV Power (HOSE, ticker: POW) to develop a nationwide electric vehicle (EV) charging station network and promote the use of renewable energy.

The signing ceremony was held in Hanoi today, November 22.

Vingroup and PV Power said that they will prioritize using each other’s products and services to fully leverage their potential, create business efficiency, and enhance the competitiveness of both parties.

With its strength in the energy business, PV Power will research solutions for providing green electricity and energy-saving solutions for Vingroup, develop plans to supply electricity to Vingroup and its subsidiaries at competitive prices.

Meanwhile, Vingroup will create conditions for PV Power to research and install rooftop solar power systems at factories, offices, and infrastructure managed by Vingroup and its member companies, as well as in urban areas nationwide.

Through the newly signed agreement, PV Power and its partner will produce and supply high-quality equipment for V-GREEN. At the same time, the network of 1,000 electric vehicle charging stations, planned and developed by PV Power during the 2025-2030 period, will be transferred to V-GREEN for further research and development to serve customers.

Closing the trading session today, November 22, VIC inched up 0.25% to VND40,450, while POW edged down by 0.44% to VND11,400.

On the southern bourse, the VN-Index lost 0.23 points, or 0.02%, against the previous day, at 1,228.1 points, with 151 advancers and 213 decliners.

Around 534.3 million shares worth VND12.8 trillion were transacted on the market, up by 10.86% in volume and 4.75% in value compared to yesterday’s session. Block deal transactions contributed around VND2.2 trillion to the overall value.

The VN30 basket mirrored the overall market trend, with its index falling by 0.6%. A total of 13 stocks in the basket rose while 11 others declined.

VHM shares dropped by 3.9%, ending at VND41,600, and accounted for over 1.7 points of the index’s loss. DXG was the most actively traded stock, with the trading volume reaching 21.13 million shares.

On the northern exchange, the HNX-Index declined by 0.47 point, or 0.21%, versus the day earlier, at 221.29 points. The total trading volume exceeded 44.15 million shares worth a total of VND388.4 million.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles