Vinacontrol : and AIDC (Laos) signed the cooperation agreement

On July 26, 2022, in Hanoi, under the witness of Mr. Bounchom UBONPASEUTH - Minister of Finance of the Lao People's Democratic Republic, Vinacontrol Group and Asia Investment, Development & Construction Sole Co., Ltd. (AIDC) of Laos signed a cooperation agreement to promote the quality management of import and export goods in the Lao market.

With the goal of building a product quality standard system, and proceeding to standardize import-export business in the Lao market, yesterday, July 26, 2022, the signing ceremony of the cooperation agreement between the Vinacontrol Group (Vinacontrol) and Asia Investment, Development & Construction Sole Co., Ltd. (AIDC) was officially conducted under the witness of Mr. Bounchom UBONPASEUTH - Minister of Finance, and delegation of the Lao People's Democratic Republic.

The signing ceremony of a cooperation agreement between Vinacontrol Group and Asia Investment, Development & Construction Sole Co., Ltd. (AIDC) was held at Melia Hanoi Hotel on July 26, 2022.

Established in 1957, Vinacontrol is the first inspection, testing, certification, and inspection organization in Vietnam. Over 65 years of construction and development, Vinacontrol has always been a reliable partner of State management agencies, domestic and foreign enterprises, and individuals in conformity assessment activities, maintaining our position as the leading inspection organization in Vietnam. Vinacontrol's nationwide VILAS standard laboratory system provides quality assessment solutions to meet the needs of analyzing diverse commodity samples.

Asia Investment, Development & Construction Sole Co., Ltd. (AIDC) is a multi-industry corporation with 100% capital from Laos and is currently exploiting mining products, trading, as well as planting and manufacturing agricultural products in Laos under the export orientation of the Lao Government. Currently, AIDC is investing in many projects in Vietnam, for example Phuong Mai 3 wind power in Binh Dinh and Thanh Phong in Ben Tre, and Song Luy 1 solar energy project in Binh Thuan. AIDC is a subsidiary of Asia Investment & Finance (AIF Group) - the leading Group in Laos.

At the signing ceremony, Mr. Bui Duy Chinh - Chairman of Vinacontrol Group said that Laos and Vietnam have a speacial relationship, together fighting for national independence in history and now togther developing economic to build rich and beautiful countries. In order to promote that good tradition, Vinacontrol is ready to cooperate, bringing accumulated knowledge and experience to help AIDC, the Laos business community, and the Laos government build a product quality standards system of import-export business, firmly integrating deeply into the global value chain.

Vinacontrol and AIDC look forward to receive the attention and support from all the ministries, branches, and agencies of the Lao Government. From that, the cooperation between Vinacontrol and AIDC can bring a lot of value to Laos; the relationship between Vietnam and Laos can become more and more connected, develop, and bring a lot of prosperity for the two countries in the future.