PANO – The Prime Minister has in principle agreed that the Vietnam Rubber Group (VRG) could benefit from the State credit support policies while it carries out overseas rubber planting investment projects in Laos and Cambodia.

At the same time, the Prime Minister suggested that Vietnam Development Bank and the group closely work together to seek financial sources for specific overseas rubber planting projects.

Earlier in March, the Prime Minister worked with VRG and agreed with its plans on the development of rubber plantations in Laos and Cambodia.

Under the group’s plans and deals, signed with the two countries, it will develop 100,000 ha of rubber plantations in each country.

Translated by Thu Nguyen