11/2/2011 8:39:31 PM

Lao Prime Minister Thongsing Thammavong has described Vietnamese investment as most typical among foreign-invested projects in Laos.

According to the Vietnam Business Association in Laos, the total investment of Vietnamese businesses in Laos has reached more than US$3 billion.

In the first three quarters of 2011, the registered investment of Vietnamese businesses in Laos was estimated at US$469 million, mostly in Laos’ disadvantaged regions such as Oudomsay, Luang Namtha, Huaphanh and Xiengkhouang.

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