Japan's Sumitomo Corporation announced on the 1st that it will transfer 50% of its shares in Van Phong Power Company, a Vietnamese subsidiary that operates coal-fired power plants. The amount of the transfer was not disclosed.

Japan's Sumitomo Corporation announced on the 1st that it will transfer 50% of its shares in Van Phong Power Company, a Vietnamese subsidiary that operates coal-fired power plants. The amount of the transfer was not disclosed.