AES Mong Duong Recognized as One of Top Taxpayers in the Country

Hanoi, 20 October 2023 - AES Mong Duong Power Co. Ltd., the owner of Mong Duong 2 Thermal Power Plant, has been honored as one of the nation’s top representatives of taxpayers who have made great contributions to the State budget and society during the period from 2020 to 2022.

The company was honored at the Taxpayer Honor Conference, which took place on 20 October 2023, in Hanoi, organized by the General Department of Taxation.

Mr. Joseph Frank Uddo III, President of AES Vietnam, representative of the Company received the certificate of merit at the Taxpayer Honor Ceremony

The event saw the participation of Mr. Ho Duc Phoc, Finance Minister and Mr. Mai Xuan Thanh, General Director of the General Department of Taxation, and representatives of state agencies, press agencies and enterprises.

Among the honored enterprises, AES Mong Duong stood out as a model of tax compliance and contributions to the state budget. Since beginning commercial operations in 2015, Mong Duong 2 Thermal Power Plant has always fulfilled its tax obligations to the state budget. In the period from 2020 to 2022, despite being affected by Covid-19, AES Mong Duong contributed more than VND2,100 billion to the state budget and has constantly complied with tax regulations according to Vietnamese law.

Mr. Joseph Frank Uddo III, President of AES Vietnam, expressed his gratitude and pride at the ceremony: "We are honored to be recognized again for our positive impact in the country. We remain committed to Vietnam’s economic growth and social welfare. We will continue to uphold the highest standards in everything we do, including tax compliance and transparency in our operations.”

In addition to direct contributions to the state budget, AES Mong Duong also supports the local community with more than 135 social responsibility programs focusing on four main pillars: Health, Education, Livelihood and Infrastructure – contributing to making a permanent difference and improving the quality of life for more than 200,000 people in local communities in Vietnam.

 

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