On April 15, 2025, Xuan Cau Holdings Joint Stock Company (Xuan Cau Holdings) and Vietcombank officially signed a strategic cooperation agreement and a credit contract to fund the Alluvia City project.
Signing of the strategic cooperation agreement
Mr. Nguyen Thanh Tung, Member of the Government Party Committee, Party Secretary, and Chairman of the Board of Directors of Vietcombank, said:
"Today’s event represents a symbol of collaboration and unity in building a brighter future for our country in the nation rise era. It reinforces both parties’ commitment to shared goals—green and sustainable development, innovation, and contributing to national progress, ultimately delivering prosperity, convenience, and happiness to the people.”
Mr. Le Quang Vinh, Member of the Board of Directors and General Director of Vietcombank, and Mr. To Dung, Chairman of the Board of Directors of Xuan Cau Holdings, represented their respective organizations in finalizing the signing of the comprehensive cooperation agreement
Xuan Cau Holdings first partnered with Vietcombank in 2009. Since then, the relationship has grown strong and productive across multiple areas. Several subsidiaries of Xuan Cau Holdings have maintained long-term, stable relationships with the bank. A notable milestone was the signing of a comprehensive cooperation agreement on March 20, 2021, between the Vietcombank Transaction Office and Xuan Cau Holdings.
Vietcombank provides VND22 trillion in credit for Alluvia City
Mr. To Dung, Chairman of Xuan Cau Holdings, and Mr. Dang Kien Dinh, Director of Vietcombank’s Transaction Office, represented the two organizations at the signing of the credit contract for the Alluvia City project
Recognising Vietcombank’s strong financial standing and longstanding partnership, Xuan Cau Holdings selected the bank as the capital sponsor for the Alluvia City ecological urban garden project in Van Giang District, Hung Yen Province. The total credit package exceeds VND22 trillion.
Mr. To Dung, Chairman of Xuan Cau Holdings delivered a speech at the ceremony
Speaking at the event, Mr. To Dung, Chairman of Xuan Cau Holdings emphasized the importance of this partnership for Xuan Cau Holdings’ brand, reputation, and future success. The support of Vietnam’s largest bank has empowered the company to confidently move forward with the Alluvia City project, advancing its mission of sustainable community development.
This event marks a significant milestone, paving the way for deeper cooperation and stronger growth for both organizations in the years to come.
Mr. Nguyen Thanh Tung also addressed attendees, reaffirming Vietcombank’s dedication to supporting innovative and sustainable national development
VCB News