BIDV and KN Holdings strengthen comprehensive cooperation for sustainable development

The agreement marks an important development between the two entities. Under the cooperation agreement, BIDV and KN Holdings will strengthen cooperation based on maximizing the strengths, potential, and experience of each party. BIDV is committed to providing comprehensive, modern, and synchronized financial solutions and banking services; arranging capital for KN Holdings' investment projects and effective business plans... Additionally, BIDV will implement preferential policies specifically for KN Holdings' staff and employees, creating favorable conditions for them to access and use the bank's high-quality retail products and services.

On the part of KN Holdings, the company will prioritize BIDV as its strategic financial partner in the investment and business activities of the unit and its ecosystem of member companies. The two parties will also closely cooperate in financial management, information sharing, experience exchange, and product development, aiming for the common goal of sustainable and effective development.

Speaking at the signing ceremony, Mr. Le Ngoc Lam, General Director of BIDV, emphasized: The signing of a comprehensive cooperation agreement between BIDV and KN Holdings is proof of the trust, partnership, and sustainable development orientation between the two parties. The event is not only a strategic milestone, but also a foundation for both parties to move towards a phase of deeper and more effective cooperation in the coming period, contributing positively to the overall development of the country's economy and society.

Ms. Le Nu Thuy Duong, Vice Chairwoman of the Board of Directors and General Director of KN Holdings, shared: With nearly 50 years of establishment and development, KN Holdings has affirmed its position as one of the leading multi-industry corporations in Vietnam, operating in strategic fields such as real estate, services, industrial parks and logistics, renewable energy, and high-tech agriculture. KN Holdings believes that today's comprehensive cooperation agreement with BIDV will help both parties optimize their potential, leverage their strengths, deliver tangible value, and enhance their competitiveness in the market.

The signing ceremony of the comprehensive cooperation agreement between BIDV and KN Holdings affirms the spirit of cooperation and mutual development, based on a foundation of trust, partnership, and a commitment to a sustainable future. The event also demonstrates BIDV's strong commitment to partnering with major corporations and businesses in the country, contributing to economic growth and international integration.

To implement the cooperation agreement, during the program, BIDV - Hanoi Branch and Xuan Que Industrial Park Joint Stock Company (a member of KN Holdings) signed a credit agreement to finance the Investment, Construction, and Operation of Infrastructure for Xuan Que - Song Nhạn Industrial Park (Phase 1) in Xuan Que Commune, Dong Nai Province. The project contributes to the formation of a modern, integrated industrial park, creating a foundation to attract domestic and foreign enterprises to invest in production and business, thereby increasing industrial production value, expanding budget revenue, and enhancing the region's competitiveness.