The agro-forestry sector has so far attracted 25 projects from Vietnamese investors with a total investment of US$117 million, the Economy-Society newspaper said. It was followed by the mining sector and the industry sector.
Vietnam is conducting studies on Sekaman 1 hydroelectricity power plant project, meanwhile the US$270 million Sekaman 3 hydroelectricity power plant is under construction.
Besides, the opening of five international border gates between the two countries contributed to facilitating people traveling and goods exchange between the two sides, the paper added.
The Vietnamese Government’s priority to Laos on the use of seaports like Vung Ang, Cua Lo and Hoi An in central Vietnam also helped Laos further integrate into regional and international economy.
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