This was reviewed by Nguyen Duc Moc, Chairman of Vietnam Entrepreneurs’ Association in Laos, at a get-together to celebrate the Vietnam Entrepreneurs’ Day in Vientiane on October 13.
Vietnamese businesses have practically engaged in reducing poverty in their host country by financing the construction of schools, health clinics, roads and resettlement houses in localities where they have investments, Moc said.
He reported that by June this year, Vietnamese businesses have poured 3.45 billion USD in 214 investment projects in Laos, ranking third among 52 countries and territories investing in the land-locked country.
A majority of 193 Vietnamese firms currently operating in Laos cast their eyes mainly on energy, services and infrastructure, Moc added.
Speaking at the function, both Lao Minister of Industry and Trade Nam Vinhaketh and Vietnamese ambassador to Laos Ta Minh Chau shared the view that Vietnamese entrepreneurs have contributed to socio-economic development of both countries.
They encouraged them to step up investments in response to the 2012 Vietnam-Laos Friendship and Solidarity Year.
On this occasion, Vietnamese entrepreneurs raised over 15,000 USD for social welfare activities in their host country.-VNA