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Laos-Viet Nam trade centre to be built in Vientiane

29/10/2007 -- 4:53 PM

Vientiane (VNA) – Laos and Viet Nam will invest close to 12 million USD in building a new trade centre in the Vientiane capital.

A document of cooperation on the joint venture was signed by representatives of the Viet Nam ’s Ministry of Trade (now the Ministry of Trade and Industry) and the Ana-Chak Trade Company of Laos .

Accordingly, the Lao company will share 40 percent of the total investment and the Vietnamese side with the remainder.

Construction of the Nongchan Trade Centre will begin next month on a total area of 11,100 square metres.-Enditem
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