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VCSC Daily - Stocks inch higher as TCB again hits ceiling - BID, DRC, TCM

Power sector: Fitch assigns EVN a BB rating with stable outlook. On June 6, Fitch ratings assigned Vietnam Electricity (EVN) a BB senior unsecured rating. It was the first time Fitch has rated EVN. This is based on EVN’s strong State linkages, the strong incentives the State has to support, an entrenched market position, strong electricity demand and solid collections.