French utility GDF Suez SA (GSZ.FR) has signed a memorandum of understanding with Petrovietnam Gas JSC (GAS.VH) to develop gas projects in Vietnam.

MAIN FACTS:

- The memorandum of understanding was signed during a visit to France of a Vietnamese delegation, in presence of the Vietnamese Prime Minister Nguyên Tân Dung and French Prime Minister Jean-Marc Ayrault.

- No financial details were provided.

-Write to Ruth Bender at ruth.bender@wsj.com

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