Entrepeneurs tighten ties with Laos

Oct 15th at 12:43
15-10-2012 12:43:26+07:00

Entrepeneurs tighten ties with Laos

Vietnamese entrepreneurs in Laos are doing an excellent job of preserving and developing the special friendship between the two countries.

The view was expressed by Nguyen Duc Moc, Chairman of Viet Nam Entrepreneurs' Association in Laos, at a get-together to celebrate Viet Nam Entrepreneurs' Day in Vientiane on Saturday.

He reported that by June this year, Vietnamese businesses have poured US$3.45 billion into 214 investment projects in Laos, making Viet Nam the third highest investor among 52 countries and territories in the land-locked country.

Speaking at the function, both the Lao Minister of Industry and Trade Nam Vinhaketh and the Vietnamese ambassador to Laos Ta Minh Chau shared the view that Vietnamese entrepreneurs have contributed to socio-economic development of both countries

vietnamnews



NEWS SAME CATEGORY

President applauds growing role of nation's enterpreneurs

The status and role of businesses and entrepreneurs in society has been being increasingly underlined in important Party documents and recognised by society at...

The “ASEAN + 1” worry

Chinese and ASEAN sourced goods have been flooding the Vietnamese market and competing fiercely with Vietnam made products. Meanwhile, the situation would be even...

Business climate draws investors from S Korea

South Korean investors are being attracted to central Da Nang city due to the introduction of favourable business conditions, according to the vice chairman of the...

High prices in City curb retail demand

Demand for goods in HCM City has remained depressed for long, affecting all manner of retailers, but they are unable to reduce prices as cost of fuel and other...

Germany pledges 272 mln euro aid to Vietnam

Germany will provide 272 million euros (US$350 million) in aid to Vietnam – the biggest of its kind so far – under an agreement signed Thursday morning between the...

Vietnam’s economy performance not too pessimistic or optimistic

With the economic growth rate of 4.77 percent in the first nine months of the year, analysts believe that the GDP growth rate would be 5.2 percent for the whole...

Ministry targets price stabilisation

The Ministry of Industry and Trade, in an aim to stabilise the market and prices, has asked for detailed information about the supply and demand of essential goods...

Gov't deal to boost use of local products

More than ten large groups belonging to the Ministry of Industry and Trade signed a voluntary co-operation agreement on Tuesday stating they would use each others'...

Foreign capital offers way out of economic crisis

Experts have urged Vietnamese businesses to be proactive in seeking foreign capital and reduce their reliance on loans from domestic banks.

Trade surplus with Indonesia rises

Viet Nam's increasing volume of trade with Indonesia enjoyed a surplus of US$40 million in the first nine months of this year, according to the Viet Nam Embassy's...


MOST READ


Back To Top