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Wednesday, April 22, 2009

Vinalines hires Credit Suisse for loan

Hanoi: Vietnam National Shipping Lines, better known as Vinalines, has reportedly hired Credit Suisse Group AG to help it borrow as much as $600 million. In January Vinalines borrowed 15 trillion dong ($843 million) from Bank for Investment & Development of Vietnam to expand its fleet and other shipping services. [22/04/09]