UOB to invest S$34m in Vietnam hydropower market

6 Sep

channelnewsasia.com 01 Sept, 2016

 

Singapore’s United Overseas Bank (UOB) will invest S$34 million in Vietnam’s Bitexco Power in an effort to tap into the country’s rising electricity demand to power its economy. The UOB investment will be allocated from the bank’s ASEAN China Investment Fund III, which focuses on ASEAN countries and China.

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