The Laotian government has signed a contract with Vietnam’s Global South Joint Stock Company, allowing the firm to look for minerals in Laos.
Under the contract, operations will be permitted in a 24 square kilometres area of Xangthong district, near Vientiane City.
Global South company pledged to use modern state of the art equipment and a team of highly experienced specialists during their operations.
The company will also do its best to be environmentally friendly and provide jobs for as many local people as possible.
To mark the occasion, the Vietnamese company donated 40,000 USD to build five houses for Laotian war veterans./.