The department’s statistics showed that in the first 11 months of this year, Vietnamese businesses invested in 52 projects with a total registered capital of 450 million USD in Laos , raising the total number of Vietnam ’s projects in the neighbouring country to 146, capitalised at 1.5 billion USD.
The hydropower sector drew the largest share of Vietnamese investment with 54.7 percent of the total registered capital. It was followed by industrial trees planting with 29 percent and mineral exploration with 8 percent.
Vietnam is now the largest foreign investor in Laos , according to a recent survey conducted by the Overseas Investment Department under the Ministry of Planning and Investment.
The department’s statistics showed that in the first 11 months of this year, Vietnamese businesses invested in 52 projects with a total registered capital of 450 million USD in Laos , raising the total number of Vietnam ’s projects in the neighbouring country to 146, capitalised at 1.5 billion USD.
The hydropower sector drew the largest share of Vietnamese investment with 54.7 percent of the total registered capital. It was followed by industrial trees planting with 29 percent and mineral exploration with 8 percent.
Source: VNA
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