HANOI, Vietnam (AP) - The Vietnamese government will subsidize 15 percent of the national air carrier's plan to buy 10 new Airbus SAS planes as part of its 10-year expansion, state-controlled media reported Friday.
Under Prime Minister Phan Van Khai's decision issued Tuesday, Vietnam Airlines will arrange loans with a government guarantee to cover about US$93.8 million (euro70.99 million) of the total deal worth US$625.2 million (euro473.17 million), the Thanh Nien (Young People) newspaper said.
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