Vietnam, Laos ink mineral exploration deal

Vietnam and Laos have inked an agreement on exploration for tin, zinc and lead ores in Houphanh province in northern Laos. 

Accordingly, the agreement, inked in  Vientiane on March 10, stipulates that  Vietnam’s Thien Phu company will invest 3 million USD in mineral exploration on 500 sq.km in Houphanh province over 5 years.    

If the project proves feasible, the Vietnamese investor will submit a further proposal to the Lao government for negotiation./.

Vietnamplus

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