The National Citizen Bank (NCB) will finance Phuong Trang Company a credit worth VND70 billion (more than US$3.1 million), that will help the company improve its passenger transport capacity.
The four-year term credit followed an agreement inked between the two sides on Tuesday. Phuong Trang Co will use the loan to purchase 200 new Mitsubisshi Attrage cars.
Phuong Trang is one of the country’s leading passenger transport enterprises. The company transports more than 20 million passengers each year.