The provincial People’s Committee said these projects include five FDI investments in the supportive automobile industry, automobile R&D, household goods, ready-built factories, flexible hoses and valves, expansion of industrial parks, dredging on marine routes and resorts.
As one of the top three foreign investors in Laos, Việt Nam has funneled nearly US$5.5 billion into 240 projects in the country so far, contributing greatly to the local socio-economic development.
In 2024, THACO AUTO''s sale plan aims to reach 95,400 units of various automobile types, including 76,200 passenger cars and 19,200 trucks and buses, capturing a 38% domestic market share.
