Prime Minister Pham Minh Chinh has said Vietnam welcomes and encourages renewable and green energy projects of the US-based AES Corporation and capable, prestigious partners in the Southeast Asian country.
PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.
Vietnam will work to create an open and transparent business environment and offer favourable conditions for US investment projects in the country, said Minister of Industry and Trade Nguyen Hong Dien.
The PetroVietnam Gas Joint Stock Company (PV GAS) and the US-based AES Corporation have signed the term sheet of the joint venture agreement for the development of the Son My LNG Import Terminal Project - a project with a total investment cost of 1.4 billion USD.
Deputy Prime Minister Trinh Dinh Dung has hailed the US-based AES Corporation’s recent activities in Vietnam, especially the completion and successful operation of the Mong Duong II Thermal Power Plant in the northeastern province of Quang Ninh.
Vietnam values the presence of AES Corporation and investment in the Mong Duong 2 power plant in Quang Ninh, stated Deputy Prime Minister Vuong Dinh Hue.
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