Vietnamese authorities voice support for Lao logistics link

Vo Trong Hai (left) and Chanthone Sitthixay exchange gifts after a presentation on the LLL project.

VIENTIANE (Vientiane Times/Asia News Network): Authorities from Vietnam’s Ha Tinh province have voiced support for the Lao Logistics Link (LLL) project as Lao and Vietnamese investors are set to negotiate the transfer of a larger share of a Vietnamese sea port, which is part of the LLL, to Laos.

The Vietnamese government has agreed to increase Laos’ shareholding in the Vung Ang seaport, located in Ha Tinh province, from the current 20 per cent to 60 per cent.