Major Solar Power Firm Trung Nam Thuan Nam Reports Nearly 1 Trillion VND Loss in 2025
Trung Nam Thuan Nam, a major player in Vietnam's solar energy sector, reported a net loss of 969 billion VND for 2025, a sharp reversal from its 2024 profit. With equity shrinking by 62%, the firm is struggling under mounting debt, highlighting the financial risks inherent in the country's rapid renewable energy expansion.
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