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the Joint Stock Commercial Bank for Foreign Trade of Vietnam - Hoang Mai Branch (Vietcombank Hoang Mai) and Envision Energy Vietnam Company Limited (Envision Energy) have just signed a memorandum of cooperation. Envision Energy operates in the field of selling and installing turbines for wind power projects, also implementing green-field projects in Vietnam, already achieved remarkable results in Vietnam.
Vietcombank provides diversified financial services and financing services, offering high-quality banking services to various industries in Vietnam, Especially in the field of wind power, Vietcombank also has a wealth of financing solutions.
In order to promote business development of products and services of both parties especially in wind power industry, based on discussions in the spirit of equality and mutual benefit, Envision Energy and Vietcombank Hoang Mai have agreed to sign a memorandum of understanding with the following contents: content:
- Envision Energy will introduce to Vietcombank Hoang Mai about the projects that Envision Energy is implementing and will be implementing.
- Envision Energy will use products and services provided by Vietcombank Hoang Mai such as: Account services, domestic payments, foreign currency trading and international payments, project financing loans.
- Vietcombank Hoang Mai provides and regularly updates preferential interest rate packages for loans related to wind power projects for Envision Energys partners.
- Vietcombank Hoang Mai introduces Envision Energy to projects of partners that have relationships with Vietcombank Hoang Mai that Envision Energy is interested in.
- Vietcombank Hoang Mai agrees to be a bridge of cooperation between Envision Energy and Vietcombank Hoang Mais partners in providing Envision Energy products and services.On behalf of Vietcombank Head Office, the Deputy CEO, VCB H.O Mr. Ho Van Tuan introduced the glorious history and performance of VCB Bank, highly praised Envision Energys position as a leading wind turbine manufacturer, and expressed the hope and expectation that both parties will take this MOU signing as an opportunity to start a broader and deeper cooperation, especially the cooperation between the two parties in the PDP8 wind power project.
Speaking at the signing ceremony, Vietcombank Hoang Mai Branch Director Pham Thi An Binh believed: The cooperation agreement signing ceremony will open up better and broader partnership activities between Vietcombank Hoang Mai and Envision Energy to bring benefits for both sides.
According to Ms. Pham Thi An Binh: Vietcombank is always the top and trusted choice of FDI enterprises in general and the Chinese business community in particular that have been investing in Vietnam. |
