Lao province’s leader appreciates Vietnamese investors

A rubber plantation of Vietnam-Laos rubber company. (Photo: VNA)

Vientiane (VNA) – Vietnamese businesses have been always good and effective investors in Laos that have generated stable jobs and offered vocational training for the host country’s people, according to Somboun Heuangvongxa, Vice Governor of Champasak province.

Currently, Vietnam is the second biggest investor in the province, after Thailand, with 45 projects worth 357 million USD.

Along with the full and on-time contribution to the budgets of the province and Laos, Vietnamese enterprises have helped Champasak in infrastructure development, including building roads, medical stations, hospitals and schools, the official said, adding they have also provided support for the locality during difficult times such as disasters, floods, and the COVID-19 pandemic.

Vietnamese investors are the best performers in social welfare work, recognised not only by all-level inspection agencies, but also senior leaders of Laos, he added./.

VNA