US Ex-Im OKs $118 mln loan for Vietnam to buy Lockheed satellite
WASHINGTON, Oct 1 (Reuters) - The U.S. Export-Import Bank on Monday said it has approved an $118 million direct loan to a Vietnamese state-owned company to buy a telecommunications satellite and other goods and services from Lockheed Martin .
"By providing financing for Vietnam Posts and Telecommunications Group, this Ex-Im Bank loan supports U.S. manufactured satellites and U.S. jobs," Linda Reiners, a vice president at Lockheed Martin, said in a statement.
(Reporting by Doug Palmer; Editing by James Dalgleish)
((doug.palmer@thomsonreuters.com)(202 898 8341))
Keywords: USA VIETNAM/SATELLITE
WASHINGTON, Oct 1- The U.S. Export-Import Bank on Monday said it has approved an $118 million direct loan to a Vietnamese state-owned company to buy a telecommunications satellite and other goods and services from Lockheed Martin.