National-level meeting to explore investment opportunities in Laos
A Vietnam – Laos investment cooperation meeting at the national level is scheduled to take place in central Da Nang city between March 26 – 27.
Lao-Viet Bank in Vientiane (Source:Internet)The event will be chaired by the countries’ Government leaders and attended by about 500 representatives of their ministries, localities and enterprises; Director of the Ministry of Planning and Investment’s Foreign Investment Agency, Do Nhat Hoang, announced on March 22.
It will focus on the industries and regions for which Laos is calling for Vietnamese investment. The meeting will also provide information on the country’s incentives and assistance for Vietnamese investors, he added.
As part of the meeting, a discussion will be held between the two sides’ authorised agencies and businesses on March 26, to assess Vietnamese investments in Laos , Laos ’s investment demand, and the nation’s investment attraction directions and incentives for Vietnam .
The main meeting on March 27 is set to discuss orientations for investment cooperation and the two Governments’ support policies, to fuel an inflow of Vietnamese investments in Laos .
Vietnamese investors have poured 4.9 million USD into Laos so far, making the land-lock nation the biggest investment destination of Vietnam . Meanwhile, Vietnam ranks second, after China , among countries investing in Laos , according to the Foreign Investment Agency.-VNA
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