Vietnam, US establish comprehensive energy cooperation partnership

Vietnam and the US have set up a comprehensive energy cooperation partnership under a memorandum of understanding (MoU) signed in Washington on September 30.

At the signing ceremony (Photo: VNA)
At the signing ceremony (Photo: VNA)

The document was inked by representatives of the Vietnamese Ministry of Industry and Trade (MoIT) and the US Department of State during a working trip to the US from September 30 to October 2 by a MoIT delegation.

The MoU helps establishe a clear collaboration framework and mechanism, thus facilitating specific partnerships between Vietnamese and US firms, towards the goal of sustainable energy development in Vietnam.

Following the signing ceremony, MoIT Minister Tran Tuan Anh handed over a document of the ministry to the US side, announcing that Vietnamese Prime Minister Nguyen Xuan Phuc has agreed to assign AES Corporation to be the major investor of the Son My 2 Gas Power Plant under a BOT contract.