HANOI (Vietnam News/Asia News Network): The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline industry is to gain access to VNĐ25 trillion (over US$1.1 billion) of zero-interest loans.
The loans, according to VABA, are intended to help the airlines to cover recurring expenses, acquire supply and new machinery and to perform maintenance duties during the pandemic.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
