Song Ba Ha Hydropower Joint Stock Company (stock code: SBH) has issued a resolution on temporary personnel arrangements to ensure operational continuity while key technical leaders are engaged with regulatory authorities.
According to the resolution, Mr. Nguyen Dinh Vu, Deputy Head of the Technical and Safety Department, will temporarily oversee the management and operations of the Technical and Safety Department. This assignment takes effect during the period when the Department Head is working with regulatory authorities.
Concurrently, Mr. Nguyen Hong Viet, Head of the Planning and Materials Department and former Head of the Technical and Safety Department, will actively collaborate with and support Mr. Vu in his leadership role. This includes critical tasks related to the operational procedures of the Song Ba Ha Reservoir and the inter-reservoir management protocols within the Ba River basin—areas requiring high technical safety standards.
In the operations sector, Mr. Nguyen Thanh Lam, Deputy Director of the Operations Workshop, will temporarily manage the workshop’s activities while the Director is engaged with regulatory authorities.
The resolution also authorizes Mr. Vu Huu Phuc, Chairman of the Board of Directors, to temporarily oversee the Executive Board’s operations. He will also assume the legal representative’s duties and powers during the CEO’s leave and engagement with regulatory authorities.
Previously, on November 19, the Song Ba Ha hydropower plant recorded a discharge rate of 14,740 m³/s, while the Song Hinh plant recorded 656.32 m³/s, causing rapid flooding in low-lying areas.
According to the flood map for the downstream area of the Ba River, when the Song Ba Ha hydropower plant releases water at a rate of 14,000 m³/s, over 80% of the residential areas along the river’s lower reaches will experience severe flooding.
Song Ba Ha Hydropower JSC (Upcom: SBH), the plant operator, has a chartered capital of VND 1,242 billion. EVN Genco2 holds over 60% of the shares, and REE Corporation holds nearly 26%.
“EuroCham Proposes Powerful Solution to End Ho Chi Minh City’s Flooding Woes”
Major cities worldwide have successfully adopted and implemented this approach.
Soaring Electricity Output Propels Song Ba Ha Hydropower Plant to Record Profits
According to the Q3/2025 financial report, Song Ba Ha Hydropower Joint Stock Company (UPCoM: SBH) saw a 51% surge in post-tax profit compared to the same period last year. This remarkable growth is attributed to favorable hydrological conditions, which significantly boosted commercial electricity output.
Hanoi Construction Department Takes Critical Lessons from Typhoon Bualoi, Gears Up for Typhoon No. 11
The Hanoi Department of Construction is taking “special measures to review and improve” urban drainage systems, addressing the aftermath of Typhoon No. 10 and proactively preparing response plans for the impending Typhoon No. 11.
The Footsteps of Two ‘Armies’ Returning to Build Vietnam’s Economy: Forging the Foundation and Framework from the East, Completing the Vision from the West.
The power couple, Mr. and Mrs. Pham Nhat Vuong, alongside Nguyen Thi Phuong Thao, Ho Hung Anh, and Nguyen Dang Quang, are often hailed as the “heroes” of Eastern Europe. They returned to Vietnam, bringing with them a wealth of capital and an industrial operational mindset. These individuals have focused their efforts on the backbone industries of the economy, aiming to strengthen the country’s financial foundation.
Binance’s Altcoin Listing Policy Undergoing Significant Changes
According to Bloomberg, Binance, the cryptocurrency exchange, is now implementing new listing policies…
