Advertisements

Random Post

Vietnam Investment News

Vietnam Business » Vietnam Investment News » Vietnam's Song Da Corp Invests US$2B in 14 Projects in Laos

Vietnam's Song Da Corp Invests US$2B in 14 Projects in Laos

Song Da Corporation of Vietnam has invested over US$2 billion in 14 projects in Laos to date, the Construction newspaper published by the Ministry of Construction said. The majority of the corporation’s investments have been injected into hydropower projects.

Song Da Corporation has also coordinated with other Vietnamese firms to carry out mining and new urban development projects in Laos.   The corporation plans to collaborate with PetroVietnam Power Corporation to build the 1,400-MW Luong Phabang hydropower plant and to work in partnership with the Vietnam National Chemical Corporation (Vinachem) to mine potassium salt deposits in Kham Muon province in Laos.   In the first half of this year, the Laotian government has licensed 15 foreign-directed investment (FDI) projects valued at US$1.2 billion to Vietnamese firms, the Communist Party of Vietnam said.

Vietnam Business And Financial News Network. Source [vcci]

More Vietnam Investment News:

Popular Vietnam Business News

Your Ad Here

Vietnam profit growth nearly 70 percents

The earning per share (EPS) of the market is estimated to rise 58.4% this year, higher than 53% in 2007 and -39.8% in 2008. The P/E ratio will stand at

An upmarket office tower to take shape in Hanoi

The Housing and Urban Developmennt Corporation (HUD) on March 21 began construction of a high-class Office Block (HUD Tower) in Thanh Xuan district, Hanoi with a total investment capital of

Gold association wants import restrictions lifted

The Vietnam Gold Business Association will request the government to remove restrictions on gold imports so that they are determined by local supply and demand, an official said. Gold should

Vietnam to Receive More Overseas Remittance This Year

Local financial experts and bankers shared a common consensus that Vietnam will receive a higher level of overseas remittance this year than the last year. Financial experts and bankers all

Optimism and caution at Vietnam investment summit

The Vietnamese Investment Summit 2010, which ended on Wednesday in Ho Chi Minh City, focused on the countrys economic strengths-providing potential investors and business people with a forum for discussion,

Manpower export: long-term vision a need

ASEAN economies are resuming very strongly, especially in Thailand, Singapore and Malaysia. This is very impressive because six months ago, nobody had that hope. Now it is important to maintain

Low-cost apartments selling slowly

Most of real estate developers now have shifted to developing low-cost apartment projects, because they believe that low-cost apartments will sell better than high-end apartments. Analysts also said that the

Opens the way for the growth of drug production in Vietnam

Domestic and foreign investors for the production of drugs call opens the way for the growth of drug production in Vietnam. The Ministry of Health (MoH) is calling for domestic

Advertisement