Ex-Im Bank Approves $118 Million Export Loan to Vietnam
The U.S. Export-Import Bank authorized a $118 million loan to Vietnam for the export of a Lockheed Martin telecommunications satellite. The loan financed $215 million in export sales, the bank said. The satellite VINASAT-2, launched May 15, features a payload…
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of 24 active Ku-band transponders and it provides coverage to Vietnam, Cambodia, Laos and Thailand, the bank said. The Vietnam Post and Telecommunications Group plans to "satisfy the growing demand of telecommunications and television markets emerging in the region," it added