A Viet Nam – Laos investment cooperation meeting at the national level is scheduled to take place in Da Nang between March 26 – 27.

The event will be chaired by the countries’ Government leaders and attended by about 500 representatives of theirministries, localities and enterprises; Director of the Ministryof Planning and Investment’s Foreign Investment Agency,DoNhat Hoang, announced on March 22.

It will focus on the industries and regions for which Laos is calling for Vietnamese investment. The meeting will also provide information on the country’s incentives and assistance for Vietnamese investors, he added.

As part of the meeting, a discussion will be held between the two sides’ authorised agencies and businesses on March 26, to assess Vietnamese investments in Laos , Laos ’s investment demand, and the nation’s investment attraction directions and incentives for Viet Nam .

The main meeting on March 27 is set to discuss orientations for investment cooperation and the two Governments’ support policies, to fuel an inflow of Vietnamese investments in Laos .

Vietnamese investors have poured 4.9 million USD into Laos so far, making the land-lock nation the biggest investment destination of Viet Nam . Meanwhile, Viet Nam ranks second, after China , among countries investing in Laos , according to the Foreign Investment Agency.

(Source: VNA)