Vietnamese investment in Laos surges 52.5 per cent

Workers are on duty at a rubber factory in Champassak province invested by Vietnamese company. - VT

VIENTIANE (Vientiane Times/Asia News Network): The value of investment by Vietnamese companies in Laos reached US$180 million in 2022, an increase of 52.5 percent, according to a VietnamPlus report.

In the meantime, Lao companies are operating 10 investment projects worth over US$71 million in Vietnam.