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HAGL builds facility for SEA Games 25 in Laos

Hoang Anh Gia Lai Group (HAGL) started on July 12 the construction of an athlete village for the SEA Games 25 in Vientiane (Laos). The US$ 19 million complex, funded by Hoang Anh Gia Lai Group, will supply accommodations for athletes of the SEA Games 25 in Laos in 2009. The 1000-room project will be located on an area of 42,000m2 at the Laotian National University compound. It will also...

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Vietnamese firm funds SEA Games 25 project in Laos

Vietnam ’s Hoang Anh Gia Lai Joint Stock Company will provide Laos with 14 million USD to finance construction of dormitories for athletes competing at the 25th Southeast Asia Games scheduled in late 2009. Under an agreement signed in the Lao capital city of Vientiane on June 21, 4 million USD of the sum will be doled out as a grant, and the remainder, a three-year soft loan. The project will...

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Vietnamese businessman to donate 14 million dollars for SEA Games

Hanoi - A Vietnamese real estate and forest products magnate said Wednesday he will pledge 14 million dollars to Laos to help the country host the 2009 SEA Games, the biannual Southeast Asian sports competition. Doan Nguyen Duc, chairman of Hoang Anh...

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Poor in Vietnam Get Poorer by the Day

... $7 million arrived in NoiBai International Airport. The owner is Mr Doan Nguyen Duc, chairman of Hoang Anh Gia Lai JSC Corp. There are now new and quite luxurious resident areas in Hanoi and Saigon built for the new class of super rich who want to live with western style. In the city of Danang, a building with $1 million apartments broke ground this June. But in places only 30 kilometers...