Laos attracts USD4.3 billion in trade, investment from Cambodia, Vietnam

28/02/2024 13:49
Email Print 8029
KPL (KPL) Laos has attracted more than USD 4.3 billion in trade, investment and tourism form Cambodia and Vietnam, Deputy Minister of Planning and Investment Sthabandith Insisiengmay told the 13th conference on trade, investment, and tourism promotion for the Cambodia - Laos - Vietnam (CLV) Development Triangle held in Attapeu on Feb 27.

The 13th conference on trade, investment, and tourism promotion for the Cambodia - Laos - VietnamDevelopment Triangle held in Attapeu on Feb 27

(KPL) Laos has attracted more than USD 4.3 billion in trade, investment and tourism form Cambodia and Vietnam, Deputy Minister of Planning and Investment Sthabandith Insisiengmay told the 13th conference on trade, investment, and tourism promotion for the Cambodia - Laos - Vietnam (CLV) Development Triangle held in Attapeu on Feb 27.

The meeting drew senior officials and representatives of business community of the three countries as well as those from the 13 border provinces in the CLV Development Triangle Area namely Kon Tum, Gia Lai, Dak Lak, Dak Nong, and Binh Phuoc of Vietnam; Xekong, Attapeu, Saravan, and Champassak of Laos; and Stung Treng, Rattanakiri, Mondul Kiri, and Kratie of Cambodia.

In 2023, Cambodia ranked 16th largest investor in Laos with its total investment reaching USD118 million as Vietnam’s investment was estimated at USD 4.2 billion making Vietnam the 3rd largest investor in Laos.

In the first nine months of 2023, more than 1.6 million ASEAN nationals visited the Lao PDR. The number accounted for 66% of all foreign visitors entering the country, according to the Deputy Minister of Planning and Investment.

 

 

KPL

ຂ່າວອື່ນໆ

    • LMC Launches New Digital Economy Program in Luang PrabangEconomics

      LMC Launches New Digital Economy Program in Luang Prabang

      12/6/2025 9:53:36 PM

      The Department of Economics under the Ministry of Foreign Affairs of the Lao PDR has officially launched the Mekong–Lancang Cooperation (LMC) Project for 2024–2025 in Luang Prabang Province. Funded by the People’s Republic of China, the project aims to advance digital economy development across LMC member countries, strengthen sustainable growth, and help narrow economic disparities within the sub-region.

    • Vietnamese firm seals partnership to expand green transport services in Laos Economics

      Vietnamese firm seals partnership to expand green transport services in Laos

      12/5/2025 9:40:34 AM

      (KPL/VNA) Green and Smart Mobility JSC (GSM), founded by Vietnamese billionaire Pham Nhat Vuong, announced on December 4 that its Lao subsidiary has signed a strategic cooperation agreement with the Vietnam Business Association in Laos (AVILA) to expand electric taxi services in Vientiane, meeting the growing demand for green transport.

    • Laos launches first cassava starch export to China by full trainEconomics

      Laos launches first cassava starch export to China by full train

      12/1/2025 1:26:11 PM

      (KPL/Xinhua) A container train carrying 1,000 tons of cassava starch departed from Vientiane South Station on the China-Laos Railway on Saturday, and is expected to arrive in Zhengzhou, capital of central China’s Henan Province, in 80 hours, marking the first time that cassava starch from Laos has been exported to China via a full train consignment.

    • BOL Cuts 7-Day Base Interest Rate Again to Support Economic GrowthEconomics

      BOL Cuts 7-Day Base Interest Rate Again to Support Economic Growth

      11/26/2025 11:27:27 AM

      The Bank of the Lao PDR (BOL) has announced another reduction of its 7-day base interest rate as part of continued efforts to maintain liquidity in the financial system and support economic growth.

    •  Lao Business Leader Assumes Chairmanship of ASEAN Women Entrepreneurs NetworkEconomics

      Lao Business Leader Assumes Chairmanship of ASEAN Women Entrepreneurs Network

      11/26/2025 10:49:38 AM

      The ASEAN Women Entrepreneurs Network (AWEN) has officially handed over its chairmanship to Mrs Chanthachone Vongsay, President of the Lao Women Entrepreneurs Association, during a ceremony held in Phnom Penh, Cambodia.


Top