ASEAN KEY DESTINATIONS
Foreign Direct Investment:
Vietnam tops the list of foreign investors in Laos
With total investment of $87.7 million in Laos, Vietnam was the leader in foreign investment in the country for the first quarter of the 2009 fiscal year (October 2008-October 2009), reported Vietnam News Agency.
According to latest figures from the Lao Ministry of Planning and Investment, Vietnam maintained its position as the top investor in Laos from last year. It is followed by Thailand with $48.8 million and China with $9.2 million.
Since 2001, Laos has attracted 1,173 projects valued at nearly $7.1 billion from 36 countries and territories around the world. Among top investors, Thailand leads with 207 projects worth $1.58 billion, followed by China and Vietnam.
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