Wed. Sep 27th, 2023

Lao Deputy Prime Minister Somsavad Lengsavath and his Vietnamese
counterpart Nguyen Xuan Phuc have pledged to assist Vietnamese
investors in Laos in order to boost investment cooperation between the
two countries.

The two Deputy PMs and senior officials
of the two governments listened to opinions from the investors at a
meeting on February 25 in Lao’s southern Attapeu town.

President of the Association of Vietnamese Investors in Laos (AVIL)
Tran Bac Ha noted that Vietnam is currently operating 22 projects in
Laos with a total investment of 3.8 billion USD.

Vietnamese businesses have also been active in social activities in the
host country, said Ha, adding that they contributed 35 million USD to
the poverty production programme in a number of poor localities in Laos.

The Vietnamese and Lao leaders praised the roles
that AVIL and the Vietnamese investors play. They expressed their
delight that the investment cooperation between the two countries has
strongly developed despite the gloomy global economic situation.-VNA

By vivian