|
![]() |
|||||||||||||||||||||||||||||||||||||||
ASEAN PROFILES ASEAN KEY DESTINATIONS ![]()
|
Ventiane is “booming”
The economy of Laos' sleepy capital Vientiane grew 12 percent year-on-year in the first three quarters of the current fiscal year, media reports said Monday. Vientiane's gross domestic product between October 1 and June 30 reached 21,437 billion kip (US2.75 billion dollars), up 12 percent compared with the same period in 2009-10, according to the city's planning and investment department. The city of 800,000 which has seemingly missed the infrastructure explosions of other South-East Asian capitals over the past three decades, welcomed 948,000 tourists in the nine-month period, primarily from Thailand, generating $85 million in spending, the Vientiane Times reported. During the same period, authorities approved 7,300 billion kip ($936 million) worth of investment projects, an 84 percent increase compared to the same period the previous year.
Letters that do not contain full contact information cannot be published. Letters become the property of AseanAffairs and may be republished in any format. They typically run 150 words or less and may be edited or submit your comment in the box below
|
||||||||||||||||||||||||||||||||||||||
Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us | Terms of Use | Site Map | Privacy Policy | DISCLAIMER |
|
|||||||||||||||||||||||||||||||||||||||