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Minister Nguyen Chi Dung works with Vietnamese businesses operating in Laos and Cambodia

Date 15/07/2024 - 17:21:00 | 223 views
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(MPI) - Minister Nguyen Chi Dung, who is accompanying President To Lam on an official visit to Laos and Cambodia, holds separate meetings with bilateral partners and Vietnamese businesses operating in Laos and Cambodia to explore market potential and seek measures to remove difficulties facing businesses.

Minister of Planning and Investment Nguyen Chi Dung visits Vinamilk in Cambodia on July 13. Photo: MPI

Minister Dung on July 11 paid a working visit to GREENFEED in Vientiane, Laos. The factory, applying the most modern technology and a closed process in breeding, food processing, livestock and poultry, is the largest processing animal feed project in Laos with an investment capital of up to 10 million USD, boasting an annual capacity of 180,000 tons. Its products aim to develop a sustainable and high effective agricultural industry in the local country.

During the meeting, the minister lauded GREENFEED’s contributions to expanding operation into the international market, which creates employment opportunities for local workers and contributes to the sustainable development of agriculture and rural areas in Laos.

Minister Dung on July 13 worked with the Vietnam Rubber Group (VRG) and its members in Cambodia to hear actual situation of rubber latex processing plant projects in Laos and Cambodia.

VRG and its subsidiary have invested 23 projects in Laos and Cambodia with a total investment capital of 1.4 billion USD, investing in 115.000 ha in Laos. The company has three rubber manufacturing factories in Laos and seven factories in Cambodia, with the total revenue in both country reached about VND 5 trillion dong. Its operation creates jobs for thousands of local workers and contributes significantly to Cambodia’s budget.

Minister Dung also visited dairy product giant Vietnam Dairy Products Joint Stock Company (Vinamilk) in Cambodia. This is the largest dairy farming and fresh milk processing project in Cambodia worth 51.7 million USD, having a capacity of over 73 million litres of milk per year, dairy farming with one thousand cows and 4 thousand tons of fresh milk per year. The project has operated since 2015 with high efficiency, continuing to expand their production create jobs for Cambodian workers, making a significant contribution to the Cambodian budget./.


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