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Logo of Phnom Penh Post newspaper Phnom Penh Post - New Briefs: Loans to Vietnam

New Briefs: Loans to Vietnam

New Briefs: Loans to Vietnam

TAIPEI, Taiwan (AP) - Taiwan has lent U.S. $15 million to Vietnam and plans to offer

another U.S. $30 million to the communist country, a local newspaper reported Monday.

The China times express, a leading daily, said the government extended the low-interest

loans to encourage investments in Vietnam.

It said the U.S. $15 million would be used to finance small businesses in Vietnam

and the U.S. $30 million loan would help build a highway there.

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