VINA2 Secures Significant Loan for 2025-2026 Operations

VINA2 Investment and Construction Joint Stock Company (VINA2) announced a resolution approving a loan and asset mortgage plan with Saigon Hanoi Commercial Joint Stock Bank (SHB) – Hoan Kiem Branch for 2025-2026. The total credit facility from SHB – Hoan Kiem Branch is capped at VND200,000,000,000, covering short-term loans and guarantee issuance.

The funds are earmarked for supplementing working capital, issuing guarantees, and other banking-related activities to support VINA2's production and business operations in 2025. The loan tenor ranges from 3 to 12 months from the signing date of the credit agreement. Repayment sources include proceeds from the credited plan, VINA2's business activities, and other revenues. Collateral includes existing assets and third-party assets such as deposit contracts and economic receivables, with provisions for asset replacement during the relationship.