Trung Nam Construction Investment Corporation (Trung Nam Group) announced on Sunday that HSBC Bank (Vietnam) Limited (HSBC Vietnam) has signed a letter of intent on providing sustainable financial solutions to Vietnamese businesses to develop renewable energy sources with the company.

Under the agreement, HSBC Vietnam will realizes its commitment to provide  USD 12 billion in direct and indirect funding for Viet Nam’s sustainable projects and its businesses until 2030. Besides, HSBC Vietnam will provide sustainable financial solutions for Trung Nam Group to develop its renewable energy projects across Viet Nam. HSBC Vietnam will help Trung Nam Group access domestic and international capital markets to develop its sustainable projects in Viet Nam.

Reporting by TRIEU TUNG – Translating by H.L