Laos

Vietnam’s President of State Visits Laos

February 10, 2012 (Vietnamica) – Vietnam’s President of State Truong Tan Sang has paid a visit to Laos on the invitation of Lao Party General Secretary and President of State Choummaly Sayasone. The Presidents agreed to raise bilateral trade to US$1 billion in 2012 and $2 billion in 2015. President Sang held talks with Lao Prime Minister Thongsing Thammavong and Lao National Assembly Chairman Pany Yathotu (VNN, Feb. 10).

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China Yunnan Copper Resources Drills for Copper, Silver Extensions at Xinzhai Project in Laos

February 3, 2012 (Vietnamica) — China Yunnan Copper Resources is targeting down dip extensions of copper and silver mineralization at the Xinzhai Project, where diamond drilling has commenced (Proactive Investors, Feb. 3). Xinzhai is one of four projects in northern Laos that is 100% held by Yunnan Copper Sanmu Mining Industry, a joint venture company in which Chinalco has the right to earn a 51% interest.

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Laos to Host First Professional Golf Tournament

Jan 22, 2012 (Reuters) — Laos will host its first professional golf tournament, an $80,000 prize money ASEAN PGA Tour event, at the Luang Prabang Golf Club in April, the organisers said on Thursday Jan 19.

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Viettel Venture Reaps Bonanza in Lao Market

Jan 22, 2012 (Vietnamica | VNS) — Laos’ leading mobile operator Star Telecom said it posted a revenue of US$110 million last year, an increase of 80 per cent over 2010.

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Vietnam, Laos: Trade and Investment

January 9, 2012 (Vietnamica) — Vietnam and Laos will focus on trade and economic cooperation to reach the target of US$1 billion in trade turnover this year and double it by 2015 (Vietnam News, Jan 9).

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Vietnam Rubber Group: Oversea Investment and Performance

January 8, 2012 (Vietnamica) — The Vietnam Rubber Group has currently 24 ongoing projects to grow rubber trees outside of the country, 15 of which are in Cambodia and 9 in Laos. The total investment of all 24 projects is nearly VND20 trillion, or US$1 billion (SGGP, Jan 8).

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