The PetroVietnam Financial Company (PVF) and the China Development Bank (CDB) on September 11 signed an agreement to boost their comprehensive cooperation in the coming time.
Under the agreement, PVF and CDB will introduce customers and business opportunities to each other in order to consider a possible co-sponsorship or co-provision of products and services to each other’s clients.
They pledged to provide consultations for each other to implement services in Vietnam or China .
CDB will prioritise lending projects introduced by PVF, especially power projects. At first, the two sides will consider co-sponsoring the 1,200 MW Vung Ang 1 thermoelectricity power plant, one of the nation’s key projects with an estimated investment of nearly 1.6 billion USD./.
Under the agreement, PVF and CDB will introduce customers and business opportunities to each other in order to consider a possible co-sponsorship or co-provision of products and services to each other’s clients.
They pledged to provide consultations for each other to implement services in Vietnam or China .
CDB will prioritise lending projects introduced by PVF, especially power projects. At first, the two sides will consider co-sponsoring the 1,200 MW Vung Ang 1 thermoelectricity power plant, one of the nation’s key projects with an estimated investment of nearly 1.6 billion USD./.
