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Vietnamese firms aim to invest more in Laos

Update: March, 05/2014 - 08:02

VIENTIANE (VNS) — Vietnamese firms in Laos expressed their determination to achieve the US$2-billion goal for bilateral trade at Monday's meeting held by the Viet Nam Embassy in Laos.

Representatives from 50 Vietnamese enterprises attended the meeting.

Viet Nam currently has 412 investment projects in Laos with a total registered capital of US$5.012 billion, and ranks third among the countries with investments in Laos. In 2013 alone, a total of $138 million was poured into 12 projects.

The main investment sectors include mining, agriculture, construction, banking, insurance and services. — VNS

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