Amid complicated developments of the regional and international situations and changes in each country, the special solidarity and comprehensive cooperation between Vietnam and Laos have been developing intensively and extensively across the board.
The Lao Government has instructed relevant agencies to study the establishment of a company to coordinate with Vietnamese partners on the development of a seaport in Vietnam’s central region.
Vietnam’s Ministry of Transport and Laos’s Ministry of Public Works and Transport are set to take the next steps to soon implement the project on building an expressway linking capital cities Hanoi and Vientiane in 2017.
State-owned mining group Vinacomin may have to increase its stake in Southeast Asia's biggest iron ore mine, after several investors decided to withdraw from the US$642 million project.
(VOV) - Freight Link Capital based out of Singapore has submitted a US$114 million investment proposal to the Ministry of Transport to construct two additional wharfs at the Vung Ang Port area of the Ky Anh district in the central province of Ha Tinh.
A contract to establish the Vietnam-Laos Vung Ang Port Joint Stock Company was signed in Vientiane on April 16, helping the port develop more rapidly and effectively.
Prime Minister Nguyen Tan Dung has agreed in principle the establishment of a joint stock company (JSC) to tap Vung Ang port in the central province of Ha Tinh.