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BIDV finances Crown Plaza complex in Ha Noi   2008-02-04 - VNANET

The Bank for Investment and Development of Viet Nam’s Hai Phong branch has loaned 650 billion VND (40.6 million USD) to the Tran Hong Quan Trading Ltd Co to build the Crown Plaza complex in Ha Noi’s Tu Liem district.


Hai Phong (VNA) -- The Bank for Investment and Development of Viet Nam’s Hai Phong branch has loaned 650 billion VND (40.6 million USD) to the Tran Hong Quan Trading Ltd Co to build the Crown Plaza complex in Ha Noi’s Tu Liem district.

Total capital for the projects is 1.04 trillion VND (65.5 million USD), which will be used to build one five-star hotel, a luxury office building and a luxury apartment building.

Last year, BIDV Hai Phong’s total assets climbed to 4.2 trillion VND (263.7 million USD) as its profit reached 109 billion VND (6.8 million USD), an increase of 58 percent compared to 2006


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