AES Vietnam receives Corporate Social Responsibility (CSR) Award from AmCham Hanoi for the seventh consecutive year

February 21, 2024

AES Vietnam is honored to receive the 2023 Corporate Social Responsibility (CSR) Award from the American Chamber of Commerce in Hanoi (AmCham Hanoi) for the seventh consecutive year.

The award program, which is held annually, recognizes US companies that demonstrate a strong connection between their business operations and society and who strive for both long-term economic and social value in Vietnam.

“The award is given to companies with high marks in four categories: attention to business objectives and societal needs; creation of long-term economic and social gains; communication and sharing of best practices; and program sustainability. AmCham congratulates AES Vietnam on their CSR Recognition Award.” said Adam Sitkoff, Executive Director of AmCham Hanoi.

“We are grateful to AmCham Hanoi for this recognition, which reflects our values and mission as a company. We believe that CSR is not only a duty but also an opportunity to create positive impacts and share AES’ values in the communities where we are operating. We are proud to be part of the journey to develop a prosperous Vietnam through our CSR program.” said Joe Uddo, President of AES Vietnam.

In addition, in November 2023, AES Vietnam also received recognition from AmCham Vietnam, Ho Chi Minh Chapter, with an ESG Impact Showcase award. AES Vietnam was praised for its reliable and responsible partnership in providing safe, affordable, and sustainable energy solutions for Vietnam, as well as its unwavering commitment to ESG principles. The award is another testament to AES Vietnam’s leadership and excellence in sustainability and social responsibility in Vietnam.

Since 2015, AES Vietnam’s CSR program has been implemented to improve the quality of life for local communities in Vietnam. More than 170 CSR initiatives have been held, benefiting more than 200,000 people across the country. All activities were designed to match local needs identified through consultations all together with local stakeholders and community leaders to contribute to the Sustainable Development Goals framework (SDGs) developed by the United Nations.

For more information, please contact:

Cao Huyen Thuy

Communication officer

Email: nic.cthuy.c@aes.com

Tel: 0919 992 492

AES Vietnam

Website: aes-vietnam.com

About AES in Vietnam

Our vision is to be a leading sustainable power company in Vietnam that provides safe, reliable and affordable energy.

AES, through its subsidiary, AES Mong Duong Power Company Limited, has successfully developed and arranged financing for the Mong Duong 2 Power Project of 1,242 MW with total investment of approximately $2.1 billion. This project represents approximately 2.3% of the country’s installed capacity. To learn more, please visit https://aesmongduong.vn/

In November 2017, AES signed an MOU with PV Gas in the presence of the U.S. and Vietnamese presidents to develop the $1.3-billion Son My LNG Terminal Project. In November 2019, AES also signed an MOU with the Ministry of Industry and Trade to develop a 2.2GW combined cycle gas turbine (CCGT) power plant under the BOT scheme, which will be located in Binh Thuan Province. In October 2020, AES Vietnam and PV GAS inked a Term Sheet of the Joint Venture Agreement for Son My LNG terminal. Together, the CCGT and terminal are expected to play a major role in shaping Vietnam’s energy future by diversifying the energy mix with imported LNG and meeting the country’s increasing demand for sustainable and affordable electricity. For more information, visit: www.aes-vietnam.com

About AES

The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy.  Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs.  Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com.