Military Bank offers $19.2m for Hong Ha shipbuilding Co

The Military Bank and Hong Ha shipbuilding Co have signed a contract worth 13 million euros (US$19.2 million). This will help pay for building four 3,300-tonne ships for export at a total cost of 23 million euros.

The project, put together by Hong Ha Co and Seatrium Shipbuilding B.V (The Netherlands), is expected to be completed by November next year.

Source: http://vietnamnews.vnagency.com.vn