The southern province of Dong Nai has so far injected over 1.1 billion USD into Champassak province in Laos , according to the Dong Nai Department of Planning and Investment.

This amount accounts for 33 percent of total Vietnamese investment in the neighbouring country.

Director of the Champassak Department of Planning and Investment Saithong Sayavong said during his recent visit to Dong Nai that businesses in the province mainly invest in rubber, coffee and top-end real estate, including resorts and hotels.

The projects have contributed greatly to Champassak’s socio-economic development, generating jobs for many local people and augmenting the provincial budget, the official added.

Worthy of note is Long Thanh Golf JSC which operates two projects with total committed investment of 1.1 billion USD and Tin Nghia Company with two projects worth over 40 million USD.-VNA