In Hanoi, PetroVietnam Power Corporation - Joint Stock Company (PV Power) and HSBC Vietnam have signed the short-term credit contract with a value 1,400 billion VND.
PetroVietnam Power Corporation (PV Power) has supplied 200 billion kWh to the national grid since it started operations 13 years ago, confirming its position as the top power supplier in the country.
At the Conference of the Prime Minister with the Businesses on May 9, 2020 in Hanoi, Mr. Vu Tu Thanh - Deputy Director of the US-ASEAN Business Council informed that the USA has founded an International Financial Development Agency (DFC) with a fund of over $100 billion and more increasing for supporting the partners of the US businesses. It is a very good opportunity for Vietnam energy businesses to borrow capital to import LNG and energy equipment from USA for developing Combined Cycle Gas Turbine (CCGT) LNG fired plants.
On 24th June 2019 at PVN headquarters, the signing ceremony of “Contract for design, procurement of equipment and materials, construction and trial operation of Thi Vai LNG storage project” between PVGAS and Samsung C&T/PTSC General Contractor and “Frame Contract for LNG supply and consumption for Nhon Trach 3 & 4 Power Plant project” between PV GAS and PV Power took place
PetroVietnam on course for sustainable development
Vietnam Oil and Gas Group (PetroVietnam) has expressed its willingness to tighten relationship and business co-operation with domestic and international partners and contractors.