Vietnam among top three foreign investors in Laos
08:56, 2014/09/16
Vietnam is one of the three leading foreign investors in Laos, having funnelled more than US$5 billion into over 400 projects, according to a workshop in Vientiane on September 15.
These projects have helped spur local economic development, generated thousands of jobs, and improve social security and welfare.
At the event, Minister Counsellor to Laos Tran Manh Cuong reviewed advantages and disadvantages when investing in Laos, analysed causes and difficulties, and proposed solutions for removing obstacles and promoting investment in the future.
Delegates agreed on the need to speed up an investment strategy in Laos by 2020, simplify procedures, create favourable conditions for enterprises to access capital, classify and revoke infeasible projects, and strengthen state management.
Recommendations and solutions will be submitted to the 37th session of the Vietnam-Laos Inter-governmental Committee, which is due to take place in late December.
The workshop was jointly held by the Vietnamese Embassy and the Association of Vietnam Investors in Laos (AVIL).
Delegates agreed on the need to speed up an investment strategy in Laos by 2020, simplify procedures, create favourable conditions for enterprises to access capital, classify and revoke infeasible projects, and strengthen state management.
Recommendations and solutions will be submitted to the 37th session of the Vietnam-Laos Inter-governmental Committee, which is due to take place in late December.
The workshop was jointly held by the Vietnamese Embassy and the Association of Vietnam Investors in Laos (AVIL).
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.