VIP – co-sponsorship contract

Vietnam Petroleum Transport Joint Stock Company (VIPCO) has informed of co-sponsorship as follows:

On October 4th 2007, there was a signing ceremony of co-sponsorship contract between VIPCO, Petrolimex Group Commercial Joint Stock Bank (PG Bank) and Asian Commercial Bank – Hai Phong transaction office. The contract is to build 2 tankers with capacity of 16500 DWT for each. Total cost for the project is USD34,440,000.

HoSE

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