Vietnam Has More Than 200 Investment Projects in Laos
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.
CPV/VOVNEWS