Vietnam’s central bank proposes $174m loan for flag carrier

Vietnam’s central bank is proposing to offer D4t ($174m) of loans to help the national flag carrier as it struggles amid the Covid-19 pandemic. The funds will be provided to Vietnam Airlines through credit institutions and refinanced by the central bank, which will not charge interest on the refinancing, according to 8 March circulars published on its website. “We are getting opinions from [people concerned] before having [the] final document,” the State Bank of Vietnam tells Cirium, adding it will share more detailed information later.<br/>
Cirium
https://www.flightglobal.com/airlines/vietnams-central-bank-proposes-174m-loan-for-flag-carrier/142866.article
3/12/21