HTOO Group of Companies represented by Mr. Pye Phyo Tay Za and Vietnam National Petroleum Group (Petrolimex) represented by Dr. Bui Ngoc Bao Signed MOU in Hanoi, Vietnam on 11th July 2017.
HTOO Group of Companies’ Delegation lead by the Group Managing Director U Pye Phyo Tay Za visited Vietnam by invitation of Vietnam National Petroleum Group (Petrolimex) from 8th to 11th July 2017. Petrolimex is the largest Petroleum Company in Vietnam with the largest market share.
The delegation group consisted of U Pye Phyo Tay Za (Group Managing Director), U Htoo Htet Tay Za (Managing Director – AGD Bank), U Myint Kyi (Advisor), U Aung Htwe (Executive Director), U Soe Naing (Executive Director), U Htay Lwin (Executive Director), U Min Swe Oo (Managing Director – Petroleum), Mr. The Man Vo (Non Executive Director), U Kyaw Thu Oo (Deputy Executive Director), Mr. Julien Mother (Institutional Sales Manager – AGD Bank), U Thein Han Thu (Deputy General Manager) and Daw Tun Tint Sandra (MD Office’s Secretary).
During the trip the delegation visited Petrolimex Petrochemicals Plant in Hai Phong Province, Oil Storage Depot and Port in Halong Bay, Storage Tank Fabrication Factory, Retail Stations and Dispensers and Spare Parts Manufacturing Factory in Hanoi.
On the morning of the 11th July 2017, the group was received by Dr. Bui Ngoc Bao, the Chairman of Petrolimex Group at Petrolimex Headquarters and Dr. Bui Ngoc Bao on behalf of the Petrolimex Group and Mr. Pye Phyo Tay Za on behalf of the HTOO Group of Companies signed a MOU for collaboration on import and distribution of petroleum products, management of storage tank facilities, fabrication of storage tanks, import and distribution of dispensers and spare parts in Myanmar and Dr. Bui Ngoc Bao hosted the delegation a luncheon afterwards.
The delegation returned to Yangon in the afternoon of the 11th July 2017.