Investment

Since the beginning of this year, the southern city, which is located near Ho Chi Minh City, has continuously welcomed numerous corporations, businesses, and diplomatic representatives exploring investment opportunities, focusing on planning potential, infrastructure advantages, and industrial development orientation.

Total investment estimated at VND3.354 trillion (approximately $128 million).

The 10 sites covering more than 61ha with total estimated investment of VND11.346 trillion (approximately $433 million).

The road is intended to establish a regional transport corridor linking the seaport and airport, expanding opportunities for logistics, industrial development and urban growth.

A recent VCCI report tallied the issues continuing to stifle the development of the private sector.

Once fully operational, the project will optimize Laos's natural potash reserves, generate fiscal revenues, train technical human resources, and help Vietnam secure a strategic domestic supply of key raw materials for national fertilizer manufacturing.