Vietnam, Venezuela cooperate in making energy saving lamps

Vietnam’s Dien Quang Lamp Joint Stock Company and Pdvsa Industrial S.A Company of Venezuela have inked an agreement on the production of energy compact bulbs.

Under the framework of the agreement, the two companies will establish a joint venture named Vietven Iluminaciones, S.A plant to build Venezuela’s first plant making energy saving with an investment of 300 million USD.

The plant is designed to produce 74 million bulbs annually to supply the domestic market and export to member states of the Bolivian Alliance for the Peoples of America (ALBA).

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