A FIRST BOND TRANSACTION OF BIWASE LONG AN HONORED BY THE ASSET

24 03-2025

On March 19, 2025, BIWASE Long An Water Joint Stock Company (BWELA), a subsidiary of Binh Duong Water - Environment Corporation - Joint Stock Company (BIWASE), was officially honored with the "Best Bond - Vietnam" award at The Asset Triple A Awards 2025. The award recognizes the success of a 700 billion VND bond issuance, with a fixed interest rate of 5.5% per year and a 10-year term, fully guaranteed by the Credit Guarantee and Investment Facility (CGIF) and primarily arranged by Maybank Securities Vietnam (MSVN).

The Asset Triple A Awards is a prestigious accolade in the financial sector across Asia, organized by The Asset – a leading magazine on capital markets, banking, and investment. With stringent evaluation criteria, the award honors outstanding transactions that positively impact the regional financial market. This year’s "Best Bond - Vietnam" category acknowledges a bond with a robust financial structure, contributing to the sustainable development of the corporate bond market.

BWELA’s recognition at The Asset Triple A Awards not only acknowledges the company’s efforts but also reflects the appeal of financial products meeting international standards, aimed at sustainable development. With a solid financial foundation and a clear strategic direction, BIWASE and BWELA continue to affirm their pioneering position in the water supply and environmental protection sectors, while opening new opportunities for long-term capital mobilization to support the company’s sustainable growth strategy in the future.


Activity News

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BIWASE PLANS FOR A MINIMUM PROFIT OF 640 BILLION VND
06 03-2025

BIWASE PLANS FOR A MINIMUM PROFIT OF 640 BILLION VND

In 2025, Biwase has set a plan to achieve a minimum total revenue of 4,760 billion VND (with the parent company reaching at least 2,920 billion VND and its subsidiaries at least 1,840 billion VND), and a minimum after-tax profit for the parent company and subsidiaries of 640 billion VND (with the parent company at least 520 billion VND and subsidiaries at least 120 billion VND), representing minimum growth rates of 8.5% and 12.7%, respectively, compared to the results achieved in 2024.

LONG AN URGENTLY INSTALLS ADDITIONAL PIPELINES TO BRING WATER TO DROUGHT- AND SALINITY-AFFECTED AREAS
06 03-2025

LONG AN URGENTLY INSTALLS ADDITIONAL PIPELINES TO BRING WATER TO DROUGHT- AND SALINITY-AFFECTED AREAS

It is forecasted that during this dry season, Long An will have about 23,669 hectares of cultivated land at risk of being affected by drought, salinity, and water shortages

MANY LIMITATIONS, OBSTACLES IN THE PROCESS OF IMPLEMENTING BINH DUONG'S WATER SUPPLY AND SEWERAGE POLICIES
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MANY LIMITATIONS, OBSTACLES IN THE PROCESS OF IMPLEMENTING BINH DUONG'S WATER SUPPLY AND SEWERAGE POLICIES

The survey delegation from the National Assembly's Committee on Science, Technology, and Environment has pointed out numerous limitations and obstacles in the process of implementing Binh Duong's water supply and sewerage policies.

OFFERING INCENSE IN HUNG KINGS COMMEMORATIONS AT BINH DUONG PARK CEMETERY
08 04-2025

OFFERING INCENSE IN HUNG KINGS COMMEMORATIONS AT BINH DUONG PARK CEMETERY

Hung Kings Commemorations were held on the 10th day of the 3rd lunar month, is an annual event at Binh Duong Cemetery Flower Garden.

MORE THAN 5,000 PEOPLE PARTICIPATED IN THE GRAND REQUIEM CEREMONY AT BINH DUONG PARK CEMETERY
08 04-2025

MORE THAN 5,000 PEOPLE PARTICIPATED IN THE GRAND REQUIEM CEREMONY AT BINH DUONG PARK CEMETERY

On the afternoon of April 5, 2025, the 17th grand requiem ceremony of the Qingming Festival took place at Binh Duong Park Cemetery (Chanh Phu Hoa Ward, Ben Cat City, Binh Duong).

BIWASE PLANS FOR A MINIMUM PROFIT OF 640 BILLION VND
06 03-2025

BIWASE PLANS FOR A MINIMUM PROFIT OF 640 BILLION VND

In 2025, Biwase has set a plan to achieve a minimum total revenue of 4,760 billion VND (with the parent company reaching at least 2,920 billion VND and its subsidiaries at least 1,840 billion VND), and a minimum after-tax profit for the parent company and subsidiaries of 640 billion VND (with the parent company at least 520 billion VND and subsidiaries at least 120 billion VND), representing minimum growth rates of 8.5% and 12.7%, respectively, compared to the results achieved in 2024.