The deal follows PSTC buying the Hon La port from Quang Binh Province and will see the company develop the first phase of the port in line with plans approved earlier this year by the provincial government.
Vietnam port loan
Vietnam Oil and Gas has signed a £ 3.7bn loan deal with the Petroleum Technical Services Corporation (PTSC) and the Vietnam Joint Stock Commercial Bank for Industry and Trade to invest in the Hon La Port project. The loan period is ten years.
