(VOV) – Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) started the construction of its building in Vientiane, Laos on November 15.
At the ground-breaking ceremony with the participation of high-ranking officials from Laos and Vietnam, Nguyen Van Du, VietinBank Deputy Director General, said the nine-storey building will be constructed on 18,522sq.m at a cost of US$25 million and expected to complete in 36 months. He thanked the Lao Government and relevant agencies for their support for the effective operation of VietinBank branch in recent times.
By the end of the third quarter of this year, the branch had total assets worth US$108 million.
Du hoped that VietinBank will promote its technological and financial strength to contribute to Laos’ development and enhancing investment cooperation between the two countries.
On behalf of Vientiane Authorities, Governor Sinlavong Khoutphay Thoune appreciated VietinBank construction of a large and modern building in the capital city. It shows VietinBank strength and its determination to expand operation in Laos, he said.
Đăng ký: VietNam News