EVN, General Electric sign deal for training, technology

Jul 20th at 16:43
20-07-2015 16:43:43+07:00

EVN, General Electric sign deal for training, technology

Electricity of Viet Nam and US conglomerate General Electric have tied up for joint development of human resources and fostering the use of technology.

 

They signed a memorandum of understanding in Washington D.C on July 8 on the occasion Party Secretary General Nguyen Phu Trong's visit to the US, which is expected to help the country speed up development of its energy infrastructure and cope with the rising demand for electricity.

In terms of capability development, GE will assist EVN in developing human resources through activities like leadership training for senior leaders, sharing best practices in corporate governance and practical and technical training programmes.

To facilitate development of energy infrastructure, GE will provide technologies and support for power generation equipment like high-efficiency gas turbines, large-scale steam turbines, and wind turbines.

Furthermore, both sides will work to expand the use of renewable energy in Viet Nam.

Pham Hong Son, CEO of GE Viet Nam and Cambodia, said: "Having been in Viet Nam over the past two decades, GE is pleased to have this opportunity to be a strategic partner to EVN.

"We can use our global experience in power generation in over 170 countries, share expertise and bring training programmes to help enhance EVN's ability to meet the increasing demands of power growth in Viet Nam."

The agreement became more significant when it was formalised in the context of the 20th anniversary of diplomatic relations between the US and Viet Nam, he said, emphasising GE's commitment to Viet Nam's long-term development through its ‘company-to-country' strategy.

EVN chairman Duong Quang Thanh said: "With a common desire to develop Viet Nam's energy infrastructure, EVN and GE will keep working together to serve the electricity needs of the Vietnamese people and nation.

"In ensuring sustainable development of the power industry, we highly appreciate GE as an excellent partner to help us achieve the goals."

GE has more than 700 employees and $110 million invested in Viet Nam.

It has been working with private and State-owned enterprises on major power projects, including the upgrade of the north-south power transmission line and the development of the Bac Lieu Wind Farm in the Mekong Delta and the Tay Nguyen Wind Farm in the Central Highlands.

bizhub



NEWS SAME CATEGORY

Vinh Tan 1 thermal plant construction starts in central VN

A ceremony announcing the start of construction on Vinh Tan 1 Thermal Power Plant was held in Ha Noi on Saturday.

Petrovietnam targets US$17.56 billion in last six months

The Vietnam Oil and Gas Group (Petrovietnam or PVN) is targetting nearly VND383 trillion (US$17.56 billion) in revenue during the last six months of 2015.

Vietnam’s largest brewery, state auditors at loggerheads over $18mn in tax arrears

Taxpaying is apparently not all beer and skittles for Sabeco, as Vietnam’s largest brewery is in dispute with state auditors over a huge amount of tax arrears that...

Samsung seeks more local suppliers

The Korean electronics giant has committed to developing Vietnam's support industries at a conference held in Hanoi yesterday.

Domestic firms fail to qualify for Samsung production chain

Vietnamese businesses still have a low share of just about 10 per cent in Samsung Electronics' production chain in Viet Nam.

Forestry sector restructuring to lift wood product exports

Wood export firms have pegged their hopes on the outcome of the forestry restructuring plan to assure the recognition of a Vietnamese wood brand and to expand...

Thanh Hoa edible oil project enters first stage

North Continental Oils and Fats Vietnam Company Limited has kick-started the construction of its $71.5 million facility for producing edible oils and derivative...

Viettel overwhelming success in Africa

Viettel sees big opportunities in African markets and plans to continue expanding investment in the continent.

JAKS, CPECC to build coal-fired power plant

 Malaysian pipe-maker JAKS Resources Bhd has signed an agreement with China Power Engineering Consulting Group Co Ltd (CPECC) to set up a joint venture to build a...

Minister urges move toward sustainable seafood sector

Agriculture Minister Cao Duc Phat said yesterday that localities nationwide need to step up efforts to ensure sustainable aquaculture, especially of key products...


MOST READ


Back To Top