Lao media on June 3 ran articles praising the investment and support that Vietnam Rubber Group (VRG) has provided Laos to help it reduce poverty and develop its socio-economy.
Lao Nation newspaper, owned by Laos News Agency (KPL) and Lao Phatthana newspaper of the Lao Journalists Association listed several VRG companies that have effectively invested in the country.
Among them, the Viet-Laos Rubber Joint Stock Company has inaugurated a processing plant with an annual capacity of 24,000 tonnes.
The VRG has eight operational projects in Laos, with total investment in excess of 280 million USD, the articles noted.
They also underlined that the group’s investment has helped change cultivation and nomadic habits of Lao people and created jobs for ten thousand labourers.
The group also supports the country develop its infrastructure and promote its socio-economic development, contributing to strengthening the special relations between the two countries, the newspapers affirmed.-VNA
Lao Nation newspaper, owned by Laos News Agency (KPL) and Lao Phatthana newspaper of the Lao Journalists Association listed several VRG companies that have effectively invested in the country.
Among them, the Viet-Laos Rubber Joint Stock Company has inaugurated a processing plant with an annual capacity of 24,000 tonnes.
The VRG has eight operational projects in Laos, with total investment in excess of 280 million USD, the articles noted.
They also underlined that the group’s investment has helped change cultivation and nomadic habits of Lao people and created jobs for ten thousand labourers.
The group also supports the country develop its infrastructure and promote its socio-economic development, contributing to strengthening the special relations between the two countries, the newspapers affirmed.-VNA
