• With the orientation of developing circular economy projects in Vietnam, THD Vietnam Project Development Joint Stock Company has successfully negotiated and signed a Memorandum of Understanding with two world leading companies in investment investment. Consulting and providing technology to extract expensive renewable energy resources from waste.
• With solid technological capabilities and strategic orientation, the Memorandum of Understanding between the units officially marks the first step in the direction of long-term cooperation between the parties, opening up development opportunities not only for businesses but also for businesses. industry but also offers the potential to promote the renewable energy industry in Vietnam

Hanoi on January 18, 2022, at the transaction office Floor 16, Building No. 10 Hoa Lu, Hai Ba Trung District, Hanoi City THD Vietnam Project Development Joint Stock Company and two units from The Netherlands is DBG Bio Energy BV and Vinened BV signed a Memorandum of Understanding to develop the renewable energy category for circular economy projects in Vietnam, focusing on two project complexes in Hau Giang province in the immediate future: production and processing of agricultural products, focusing on developing circular economy AGINE in Nhon Nghia A commune, Chau Thanh A district and the GREENDEVI project on the production and processing of agricultural and aquatic products focusing on developing circular economy in Tan Phuoc Hung commune, Phung Hiep district.

(Map of Hau Giang Province)

As a global energy developer, DBG Bio Energy B.V. Not only is committed to taking on the role of technical management, construction, construction and operation of renewable energy and organic fertilizer plants, but also a consulting unit, searching for consumption markets for the entire industry. BioLNG biogas products and organic fertilizers produced according to Dutch technology standards and processes, and directly co-invested in the project.

(Source: DBG Bio Energy B.V. Managing Director, Berkay Güres, visits Nordsol installation in Amsterdam, Holland)

As a competent and experienced unit in the field of consulting and connecting investors in the international market, Vinaned B.V. made a goodwill commitment to provide necessary co-development activities for projects, especially in terms of consultation, connecting potential financial and technology partners.

As an organization operating in the fields of sustainable development, renewable energy, waste treatment, urban development, investment promotion and real estate in Vietnam, with a long history of research and cooperation, cooperates with leading partners in the circular economy from Germany, the Netherlands, Finland, Switzerland, France, Japan… Investor THD Vietnam Project Development Joint Stock Company is working necessary legal and financial procedures for circular economy projects in Hau Giang province and set up a joint venture company of the parties in Vietnam to directly implement the projects as committed. with parties as well as orientation to promote the national energy industry.

Cooperation orientation of THD Vietnam Project Development Joint Stock Company, DBG Bio Energy B.V. and Vinened B.V in line with the Politburo’s goal of Vietnam’s national energy development strategy.

Speaking at the signing ceremony, Mr. Do Nam Thai, representative of THD Vietnam Project Development Joint Stock Company, affirmed that the Memorandum of Understanding will be an important document marking the closer cooperation between the parties to develop the project. Developing the renewable energy component of high-tech industrial-organic circular economy complexes in Hau Giang province.

On the side, the representative of DBG Bio Energy B.V. – Mr. Akin Ozkutan deeply thanked the efforts of the parties during the negotiation process to work towards the common goal and open up development opportunities for all parties in the development of projects on bioenergy and agriculture in a potential country like Vietnam.

Next steps on the cooperation process

Mr. Akin Ozkutan on behalf of DBG Bio Energy B.V. emphasized the signing ceremony of Memorandum of Understanding between THD Vietnam Project Development Joint Stock Company, DBG Bio Energy B.V. and Vinaned B.V. is officially recognized in the legal aspect the cooperation relationship between the parties, and at the same time expressed its desire to continue to accelerate the process of establishing an associate company in Vietnam to implement the project.

Hanoi, January 18, 2022