History & Development Blank

History & Development

History & Development

VPG Lao-Viet Sole Company Limited (VLV) was established in the Lao PDR on 8 May 2009. As the representative entity of Viet Phuong Investment Group Joint Stock Company (VPG) in Laos, VLV is implementing the Dakcheung Bauxite–Alumina Industrial Complex Project (the “Project”) in Dakcheung District, Sekong Province.

During the initial stage, VLV and VPG focused on surveys, exploration, research, and the preparation of the legal and technical conditions required for the Project.

On 11 September 2018, the Government of the Lao PDR and VPG signed an agreement for bauxite mining and processing and the construction of an alumina production plant in Dakcheung District, Sekong Province. This marked an important milestone, providing the foundation for the Project to progress from the research and exploration stage to investment preparation and implementation.

On 19 December 2022, the groundbreaking ceremony for the Dakcheung Bauxite–Alumina Industrial Complex was held in Dakcheung District, Sekong Province, marking an important transition into the Project’s construction phase.

By 2026, the Project had completed a number of key legal procedures and was focusing on the coordinated implementation of construction and infrastructure works for the Industrial Complex. In parallel with construction activities, VLV has been gradually preparing human resources and other necessary conditions for the future operational phase.

Key Milestones

8 May 2009
VLV was established in the Lao PDR.

11 September 2018
The Government of the Lao PDR and VPG signed an agreement for bauxite mining and processing and the construction of an alumina production plant in Dakcheung.

26 July 2019
Amendment of the Business Registration Certificate.

19 December 2022
Groundbreaking of the Dakcheung Bauxite–Alumina Industrial Complex.

16 May 2023
Amendment of the Business Registration Certificate.

6 February 2025
Conversion to the VPG Lao-Viet Sole Company Limited corporate structure.

8 April 2025
Increase in investment capital to support implementation of the Project.

2026
Completion of a number of key legal procedures and continued coordinated implementation of construction and infrastructure works serving the Project.