MOIT VIETNAM | ACTIVITIES
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/ News / Activities
The Partnership between Vietnam and Laos in the Energy Sector has Produced Encouraging Results.
Through joint efforts based on equality and mutual benefit, Vietnam and Laos have made great strides in the energy sector development in the past few years.
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/ News / Activities
Vietnam And Laos Enhance Economic Ties, Fostering Collaboration on Important Projects
Following the official welcoming ceremony on January 6, Prime Minister Pham Minh Chinh had a talk with Lao Prime Minister Sonexay Siphandon as part of Prime Minister Siphandon's official visit to Vietnam and their shared role as co-chairs of the 46th session of the Intergovernmental Committee on bilateral cooperation between Vietnam and Laos.
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/ News / Activities
The visit of the Lao Prime Minister to Vietnam is a significant step towards enhancing bilateral economic cooperation.
During a state visit to Vietnam, Lao Prime Minister Sonexay Siphandone and his wife, along with a high-ranking Lao government delegation, will officially attend the 46th Vietnam-Laos Bilateral Cooperation Committee meeting, which is scheduled to take place on January 6-7.
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Energy and mineral exports are expected to bring in 4 billion USD for Laos in 2024
Laos expects to export electricity worth more than 2,453 million USD in 2024, and minerals worth 1,525 million USD, bringing the total revenue from these two key economic sectors to approximately 4 billion USD.
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Laos Encourages Agricultural Commodity Production with New Credit Policies
Vientiane, Laos – In a significant move to increase agricultural commodity production, the Lao government has unveiled a series of credit policies aimed at easing farmers' and entrepreneurs' access to low-interest capital from financial institutions and microenterprise promotion funds. Historically, many producers and businesses in the agricultural sector have struggled to secure affordable financing, often resorting to high-interest, short-term loans due to limited government funding and a lack of specific credit policies for agricultural production and processing.