US sat loan for Viets

October 05, 2012: The US is lending $118 million in order for Vietnam to fund an extra communications satellite. The satellite, Vinasat-2, is already in orbit, having been launched in May.  The cash is coming from The Export-Import Bank of the US, and will go to satellite builder Lockheed Martin Space Systems.

The craft is being operated by state-owned Vietnam’s Post & Telecommunications Group (VNPT), and they are looking to use the new satellite to cope with growing demand from telecommunications and TV broadcasters.

http://advanced-television.com/2012/10/02/vietnam-us-satellite-loan-approved/