The Electricity Generation & Distribution sector page tracks 3 Vietnam-listed companies, including PGV, QTP, GE2. Aveluro has classified 13 related news articles; current sector sentiment is Positive, with valuation snapshots such as Avg P/E 8.4. 1 tickers recently showed unusual volume or elevated trading activity.
Many Vietnamese companies reported strong Q2 2026 earnings, with securities firms and energy companies showing significant profit growth. Notable results include SSI, VNDirect, and two petroleum companies with over 400% profit increases.
PGV plans a 10% cash dividend for 2025 (1,000 VND/share) totaling over 1,123 billion VND, plus an 8% stock dividend via issuance of nearly 90 million shares from development funds. The dual payout signals a commitment to shareholder returns while retaining capital for operations and investment.
PGV will pay a 10% cash dividend for 2025, with a record date of July 27, 2026, and payment on August 20, 2026. The company also plans to issue bonus shares at an 8% ratio, increasing charter capital from VND 11,235B to VND 12,134B.
MBS Securities forecasts strong profit growth for power companies in Q2/2026, driven by rising electricity demand and higher market prices, with thermal and hydropower firms benefiting.
HND CEO Duong Son Ba was prosecuted and detained on May 21, 2026, for allegedly forging documents as part of a broader environmental monitoring scandal involving multiple thermal power plants, including QTP. The scandal has already led to arrests at Quang Ninh Thermal Power (QTP).
Foreign investors net sold 840 billion VND (~33.6 million USD) on May 12, with FPT, VHM, MSB, ACB, and VCB bearing the heaviest selling pressure. VIC and VRE were the top net buys, with VIC attracting 196 billion VND.
POW leads the Vietnamese power sector with Q1 net profit of VND 1,300B (+175%), driven by higher gas-fired plant utilization. NT2's profit quintupled to VND 180B, while PPC and QTP also posted double-digit gains.
VSH sets May 14, 2026 as record date for a 5% cash dividend (VND 500/share), completing the 35% total payout for 2025. The company will disburse over VND 118.1 billion, with major shareholders REE (52.58%) and PGV (30.55%) receiving VND 62.1 billion and VND 36.1 billion respectively.
Southern Waterway Transport Corporation (SWC) has stated its major state shareholder has no divestment or issuance plan to meet public company criteria, risking delisting. This reflects a broader regulatory pressure on large-cap, state-dominated firms like VGI, GVR, MVN, ACV, TVN, BSR, BCM, PGV, GAS, and PLX, which could significantly impact market capitalization and index composition if not addressed.
Quang Ninh Thermal Power Plant (QTP) continues to operate despite confirmed emission violations and arrests of its executives for falsifying data, citing national energy security concerns. This highlights a conflict between environmental protection and ensuring stable power supply.
The O Mon I Thermal Power Plant is undergoing a 2.207 billion VND fuel conversion from diesel to LNG, aiming for completion by Q3/2027. This project is part of the 12 billion USD Block B - O Mon gas-to-power chain, the largest in Vietnam's oil and gas history, marking a significant shift towards cleaner energy.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.