Vietnam eyes $7b investment in Laos

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Vietnam has planned to double its total investment in Laos to $7 billion by 2015, according to the Vietnamese Ministry of Industry and Trade.

The ministry, in coordination with relevant Vietnamese and Lao agencies, on December 25 in Vientiane held a business forum, which drew the participation of nearly 100 Vietnamese enterprises and overseas Vietnamese.

Now, Vietnam has over 200 investment projects with the total capital of some $3.5 billion. Vietnamese enterprises have made strong presence in Laos, including Laos-Vietnam Bank, Saigon Bank, Gold Long Thanh Group, and Dao Huong Group.

The two-way trade between Vietnam and Laos is nearly US$900 million.

Vietnam has also been listed as one of the top five largest investors in Cambodia, see Inside Investor’s report.

The country has so far this year had 124 investment projects with a combined capital of $2.5 billion in Cambodia.

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Reading Time: 1 minute

Vietnam has planned to double its total investment in Laos to $7 billion by 2015, according to the Vietnamese Ministry of Industry and Trade.

Reading Time: 1 minute

Vietnam has planned to double its total investment in Laos to $7 billion by 2015, according to the Vietnamese Ministry of Industry and Trade.

The ministry, in coordination with relevant Vietnamese and Lao agencies, on December 25 in Vientiane held a business forum, which drew the participation of nearly 100 Vietnamese enterprises and overseas Vietnamese.

Now, Vietnam has over 200 investment projects with the total capital of some $3.5 billion. Vietnamese enterprises have made strong presence in Laos, including Laos-Vietnam Bank, Saigon Bank, Gold Long Thanh Group, and Dao Huong Group.

The two-way trade between Vietnam and Laos is nearly US$900 million.

Vietnam has also been listed as one of the top five largest investors in Cambodia, see Inside Investor’s report.

The country has so far this year had 124 investment projects with a combined capital of $2.5 billion in Cambodia.

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