The 2nd economic cooperation seminar between Vietnam’s south – central provinces and Lao’s south – central provinces was opened in Binh Dinh province’s Quy Nhon city on November 2.
Attending the seminar was nearly 200 delegates from ministries, agencies, enterprises and leaders of two countries.
According to the Ministry of Planning and Investment, Lao authorities have licensed to 413 Vietnamese projects with the total investment capital of US$ five billion. Currently, Vietnam is ranked the second position among countries invested in Laos market. Most of Vietnamese projects have focused on the fields of energy, infrastructure service, agriculture and silviculture, and mine ores.
After the first seminar, 40 Vietnamese projects were granted the license totaling the investment capital of US$ 1, 6 billion.