Vinashin to Receive Gov’t Loans to Pay

Vinashin to Receive Gov’t Loans to Pay Workers

Tuesday, December 28, 2010

According to a Dec. 28 report from Bloomberg, Vietnam Shipbuilding Industry Group, the state-run company that is struggling to repay debt, will be allowed to get interest-free loans from the government to pay its workers, according to a directive from the prime minister.

(Source: Bloomberg)

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Finance

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News

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