World

Lao province’s leader appreciates Vietnamese investors

Vietnamese businesses have been always good and effective investors in Laos that have generated stable jobs and offered vocational training for the host country’s people, according to Somboun Heuangvongxa, Vice Governor of Champasak province.
Lao province’s leader appreciates Vietnamese investors ảnh 1A rubber plantation of Vietnam-Laos rubber company. (Photo: VNA)
Vientiane (VNA) – Vietnamese businesses have been always good andeffective investors in Laos that have generated stable jobs and offeredvocational training for the host country’s people, according to SombounHeuangvongxa, Vice Governor of Champasak province.

Currently, Vietnam is the second biggest investor in theprovince, after Thailand, with 45 projects worth 357 million USD.

Along with the full and on-time contribution to the budgetsof the province and Laos, Vietnamese enterprises have helped Champasak ininfrastructure development, including building roads, medical stations,hospitals and schools, the official said, adding they have also provided support for the locality duringdifficult times such as disasters, floods, and the COVID-19 pandemic.

Vietnamese investors are the best performers in social welfare work, recognised not only by all-level inspection agencies, but also senior leaders ofLaos, he added./.
VNA
#Champasak province#Vice Governor Somboun Heuangvongxa#Vietnamese investors#Vietnam#Laos#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Vietnam-Laos companionship bears imprint of Vietnamese Communist Party

Vietnam-Laos companionship bears imprint of Vietnamese Communist Party

The Communist Party of Vietnam (CPV) has obtained many outstanding achievements and accompanied the Lao People's Revolutionary Party (LPRP) in the development of the two sides and their gainful partnership, affirmed Thongsavanh Phomvihane, head of the LPRP Central Committee's Commission for External Relations.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.