Businesses talk investment opportunities in Laos

The Vietnamese Embassy in Laos on July 16 hosted a seminar on cooperation and investment opportunities in Laos for more than 200 Vietnamese businesses, which are seeking investment opportunities in the country.

Speaking at the seminar, Vietnamese Ambassador Ta Minh Chau said that Laos is a peaceful country and has great potential in many fields, especially in economics. He highlighted the special relations between Vietnam and Laos , adding that the Lao Government always creates favourable conditions for Vietnamese businesses to invest in the country.

The ambassador noted that many Vietnamese businesses are reaping success in Laos including the Song Da Corporation, Viettel, Lao-Viet Bank, Long Thanh Golf and Hoang Anh-Gia Lai Group.

During the seminar, Vietnamese delegates expressed their interest in many areas such as school opening, industry, banking, services, cotton and rubber planning, trading in coffee and other agricultural products.

The delegates also asked the embassy and concerned agencies to provide the Vietnamese businesses with information on legal documents of both countries to facilitate their investment in Laos .

kpl lao news agency

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