EVN's finance arm inks deal with VietinBank

Electricity of Vietnam (EVN)'s Finance Joint Stock Co (EVNFC) and the Bank for Industry and Trade of Viet Nam (VietinBank) on December 29 signed a cooperation agreement to co-launch mandate services using central account system.

Hanoi Power Co (HNPC) is the first company to launch this service.
The service uses advanced technology to automatically gather scattered money flows into a central account via a triple close cooperation between EVNFC, VietinBank and HNPC.