Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Vietnam Breakthrough


International Outlook: GLOBAL WRAPUP

VIETNAM BREAKTHROUGH

With President Clinton likely to renew formal diplomatic ties with Hanoi this summer, the State Dept. is rushing to help U.S. businesses land deals in Hanoi. A lobbying boost from State, plus financing from ANZ Banking Group, helped Ellicott Machine Corp. International nail Vietnam's first capital equipment order from a U.S. company. Vietnam will purchase more than $10 million worth of dredges and spare parts from Ellicott, a Baltimore-based maker of dredging equipment. Although it's tiny, Ellicott has a big name in Vietnam, where prewar vintage Ellicott dredges are still being used.EDITED BY STANLEY REED


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus