By Cirium2021-07-07T01:34:00+01:00
Vietnam Airlines has signed a credit contract with Vietnam’s Southeast Asia Commercial Joint Stock Bank for up to D2 trillion ($87 million).
A part of this amount will be disbursed early this month as working capital lending for production and business activities, “alleviating difficulties faced by Vietnam Airlines due to the Covid-19 pandemic”, SeABank says in a statement today.
Source: Greg Waldron/FlightGlobal
A Vietnam Airlines A321 at Changi Airport in July 2019
Separately, Vietnam Airlines and SeABank signed a three-way strategic cooperation with local real estate developer BRG Group “on a wide variety of areas to enhance customer experience and contribute to the country’s socioeconomic sustainability”, according to the same statement.