Vinalines receives bank loan for fleet and seaport development

Viet Nam National Shipping Lines Corp has signed a co-operative agreement with the Bank for Investment and Development of Viet Nam for a US$857 million loan for 2009 to 2011.

The capital will be invested in the development of seaports, fleets and marine services. Vinalines posted a 2008 revenue earning of US$1.2 billion, which is 41 percent higher than its 2007 figure.

Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: