LienVietPostBank (LPBank) and Hoàng Anh Gia Lai Group (HAGL) on Monday signed a VNĐ5 trillion (US$208.3 million) credit agreement, focusing on investment in green agriculture.
During the same period, extraordinary expenses reached VND1.43 trillion as the company had to assess non-profitable assets and change its palm and rubber farms to fruit farms.
Lao Prime Minister Thongloun Sisoulith has pledged to favourable conditions for Vietnamese firms to continue investing in agricultural development in Laos.
Truong Hai Auto Corporation and Hoang Anh Gia Lai Group on Wednesday announced a strategic deal to develop the latter’s agricultural business into a leader in Viet Nam and pursue a property project in Myanmar.
Hoang Anh Gia Lai Group (HAGL Group) and Hoang Anh Gia Lai Agricultural Joint Stock Company (HAGL Agrico) plan to hold their annual shareholders’ meeting on June 30.
The Hoang Anh Gia Lai Group imported from Laos more than 1,300 tonnes of sugar worth US$803,320 in June through the Bo Y International Border Gate in the Central Highlands province of Kon Tum.
Mixed opinions arose over Hoang Anh Gia Lai Group''s recent proposal to
the Ministry of Industry and Trade for an import quota for 30,000 tonnes
of sugar from the group''s factory in Laos''s Attapeu Province in the
2013-14 crop.
Hoang Anh Gia Lai (HAGL) Group began construction of a US$440 million
trade centre, hotel and service office complex in the Myanmar city of
Yangon yesterday.