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PetroVietnam Power Joint Stock Corporation (PV Power) has just signed a 600 billion VND credit contract with Sumitomo Mitsui Banking Corporatinon (SMBC).

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.

According to information from PVN, on November 23, 2016 there was taken place the ceremony of signing credit contract and commercial loan contract with total value of USD 1.2 billion, between PVN and Korea Export-Import Bank (KEXIM) and Consortium of Nine Foreign Commercial Banks with the clue of Citibank for financing Song Hau 1 Thermal Power Plant (TPP) capacity of (2x600) MW. This TPP is a key project in Power Planning VII invested by PVN and allowed for development by special mechanism application to timely meet high electricity need in southern region in period to 2020.  

At Halong City, Quang Ninh Province, the Vietnam Foreign Trade Joint Stock Commercial Bank (Vietcombank) and the Nui Beo Coal Joint Stock Company (JSC) signed a VND 800 billion  credit agreement for a pit mining project at Nui Beo coal mine.

Vietnam Coal - Minerals Industry Group (Vinacomin) signed a credit contract on loan syndication worth 1,150 billion dong with Keb Hana Bank (Hanoi branch) in Hanoi.