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Publication permit No: 60/GP-TTĐT , April 05, 2010.
Lao newspaper highlights Vietnam’s investment
Date: 9/15/2011 9:43:56 PM
Since 1989, Vietnam’s investments in Laos have contributed to the remarkable growth of the Lao economy.
From 1993 to August 2011, Vietnam invested in more than 420 projects worth US$3.570 million in total of which Laos made up 6.6 percent. Vietnam’s investments are focused on banking, telecommunications, insurance, mineral exploration and reforestation.
Vientiane took the lead in attracting Vietnam’s projects with nearly US$1,900 million, followed by Xekong (US$350 million) and Champasak (US$248 million). From October to September 2011, Vietnam has had 50 investment project capitalized at US$246 million.
Vietnam plans to further support Laos in promoting training and education, generating jobs and reducing poverty.
(Source:VOV)
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NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
