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Vietnam gets Laos Govt green light for VDS to own 20 per cent of shares in Vung Ang Port

HANOP/VIENTIANE, April 2 (Vientiane Times/ANN): A share transfer agreement for the Lao government’s 20 per cent shareholding in Vung Ang Port was signed between the Lao Logistics State Enterprise (LLSE) and Lao-Vietnam Vung Ang Port Development State Enterprise (VDS) in Vientiane. The agreement was inked by VDS Chief Executive Officer, Mr Chanthone Sitthixay, and LLSE Director General, Souliya Manivong. The event was witnessed by the Vietnamese Ambassador to Laos, Nguyen Ba Hung, PTL Holding Committee Limited Strategy and Planning Chairman, Mr Alounkeo Kittikhoun, Vientiane Logistics Park Company Senior Consultant, Mr Sila Viengkeo, and representatives of state and private organisations.

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