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Vinashin to issue $400m bonds overseas

Article-Vinashin to issue $400m bonds overseas

Vinashin to issue $400m bonds overseas

Hanoi: Vietnam's government said Thursday that state-owned Vinashin can borrow $400 million by selling bonds in foreign markets to finance its plans to build ships for overseas firms and oil tankers for PetroVietnam.
Vinashin will also borrow VND10 trillion ($620 million) from domestic banks and issue bonds worth VND3 trillion, the government said in a statement published on its website.  [25/9/08]

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