Laos-Vietnam Bank branch gets off ground
(VOV) - The Bank for Investment and Development of Vietnam (BIDV) on February 25 held a ground-breaking ceremony for a new Laos-Vietnam Bank (LVB) branch in Attapeu town of Southern Laos.
The five-storey building, covering a total area of more than 3,000sq.m, will be equipped with modern infrastructure facilities, including elevators, air conditioning, internet connection, and a CCTV system.
The project also comprises a garage, a sports field, and a two-storey house for public affairs.
By kick-starting the third LVB office project in Laos, BIDV aims to attract more foreign investors, including those from Vietnam, to Laos.
Attapeu governor Khamphan Phommathath expressed his hope that the building will be inaugurated on schedule to meet the increasing demand for transactions by local people and businesses investing in Southern Laos.
The ceremony was attended by Lao Deputy Prime Minister Somsavad Lengsavath and Vietnamese Deputy Prime Minister Nguyen Xuan Phuc.