Attending the signing ceremony, on the part of Vietnam Electricity (EVN), there were Vice President Nguyen Xuan Nam and representatives of EVN's Finance and Accounting Department.

On the side of Power Generation Corporation No.3 (EVNGENCO3) were Mr. Dinh Quoc Lam - Chairman of the Board of Directors, Mr. Le Van Danh - General Director, Members of the Board of Directors, Deputy General Directors, representatives of the Corporation's Departments and Director of Mong Duong Thermal Power Company.

Mr. Le Van Danh - General Director of EVNGENCO3 and Mr. Doan Van Tuyen - Director of Vietcombank Vung Tau sign Foreign Loan Restructuring Contract

Facing the volatile world situation, interest rates and USD/VND exchange rates have increased sharply, to minimize the impact of exchange rate risks and optimize financial costs, EVNGENCO3 has worked with Vietcombank Vung Tau Branch to implement a plan to restructure the foreign loan with a converted value of VND 2,075 billion.

Mr. Le Van Danh - General Director of EVNGENCO3 shared that this signing ceremony is the foundation for the Corporation to keep on pursuing solutions to improve financial performance to invest in new power plant projects in the future.

Speaking at the ceremony, Mr. Nguyen Xuan Nam – EVN’s Vice President highly appreciated EVNGENCO3's initiative and determination to implement solutions to optimize financial costs. With the premise of cooperation between Vietcombank and EVN/EVNGENCO3 over the past time, Mr. Nguyen Xuan Nam believes in a strong and effective cooperation relationship between Vietcombank and EVNGENCO3 in the coming time.

Vân Ly dịch