Son Phan

PetroVietnam Power Corporation (HSX: POW) is the second-largest power producerin Vietnam with a portfolio of 4.2GW, representing 9% of total capacity of the national power system. Coal-fired thermal power accounts for 30% and hydropower for 6%. Having the majority of its capacity located in the South, a major consumption region, the company has comparative advantages. This is especially true if the liberalisation process in the power industry allows for more competition and offer opportunities for well-run businesses to improve profitability.