16th January 2025 post by MOIT Vietnam

The year 2024 marked a watershed moment in the economic and investment relationship between Vietnam and Laos, signaling a renewed trajectory of strategic alignment, sustainable development, and resilient bilateral trade. Overcoming persistent structural challenges, the two nations have taken significant steps to deepen economic collaboration, laying the foundation for a transformative phase in regional growth.

16th January 2025 post by MOIT Vietnam

The Laos–Vietnam Industrial Parks are envisioned not merely as clusters of factories and warehouses, but as the beating “hearts” that will generate fresh momentum for both nations. Designed to serve as vital bridges for trade and investment, these industrial hubs are poised to transform cross-border cooperation, creating powerful new synergies that extend beyond the bilateral relationship into the wider ASEAN region.

15th January 2025 post by MOIT Vietnam

Vietnam and Laos are reinforcing their time-tested friendship through strengthened economic, political, and strategic cooperation. With significant achievements in 2024, both nations are now setting ambitious goals for 2025, aiming to raise bilateral trade by 10–15% compared to the previous year and ultimately reach a trade value of $5 billion in the near future.

15th January 2025 post by MOIT Vietnam

At the invitation of Lao Prime Minister Sonexay Siphandone, Vietnamese Prime Minister Pham Minh Chinh, a Politburo member, led a high-level government delegation to the Lao People's Democratic Republic from January 9 to 10, 2025. During the visit, he co-chaired the 47th Meeting of the Vietnam–Laos Intergovernmental Committee, a critical event that set the tone for bilateral cooperation in the new year.

15th January 2025 post by MOIT Vietnam

On January 9, 2025, the Lao capital of Vientiane hosted the Vietnam–Laos Investment Cooperation Conference, an event that signaled a new chapter in the longstanding relationship between the two countries. The gathering was attended by Vietnamese Prime Minister Phạm Minh Chính and Lao Prime Minister Sonexay Siphandone, alongside senior officials, policymakers, and representatives of leading enterprises. In a series of signing ceremonies, both sides exchanged investment licenses, cooperation agreements, and financing commitments worth several billion U.S. dollars. These agreements underscored the depth of trust between the two nations and reflected their determination to transform historical solidarity into modern economic partnership.