BIDV, Vinalines sign comprehensive cooperative agreement

Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) signed a
comprehensive cooperative agreement with the Vietnam National Shipping Lines Corp
(Vinalines) on January 5.

Under the agreement, BIDV will provide Vinalines a loan worth 15 trillion VND in
the 2009-2011 period to invest in developing its seaports, fleets and marine
services.

In addition, the two sides will cooperate in underwriting and securities.-Enditem