HALICO expands business in Laos

Hanoi Liquor Joint Stock Company (HALICO) opened its representative office in the Lao capital city of Vientiane on September 30.

Lao Minister of Industry and Trade Nam Viyaketh, Deputy Minister of Planning and Investment Thongmy Phomvisay, senior officials and Vietnamese Ambassador Ta Minh Chau along with 200 guests were present at the opening ceremony.

Addressing the event, HALICO Director Ho Van Hai underlined the company's prestigious trade mark which has developed both at home and abroad over the past 100 years.

He said the company desires to introduce high-quality products to Lao customers and build a factory in the country in order to boost two-way trade between the two nations, generate more jobs for local people and contribute to the two countries' state budgets.

Lao Minister Nam Viyaketh hailed the establishment of the office and pledged to create favourable conditions for the company to effectively run business and invest in his country.

He extended his wish that HALICO would soon open a factory in Laos to provide good-quality products for the country and other labouring markets, contributing to bolstering bilateral comprehensive cooperation.

On behalf of the Lao government, Deputy Minister of Planning and Investment Thongmy Phomvisay granted investment licence to the company's director.

KPL Lao News Agency