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    Vietnamese Businesses Promote Investment in Laos

    Vietnamese Businesses Promote Investment in Laos

    11th November 2023 post by MOIT Vietnam

    In a significant move to strengthen bilateral ties and technological infrastructure, Vietnam has made substantial investments in Laos, totaling nearly $5.5 billion across 241 projects over the past six decades. A key aspect of this investment includes the expansion of 4G coverage and the provision of high-speed internet services to the Laotian populace.

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    Vietnam-Laos Media and Communication Cooperation Prospects

    Vietnam-Laos Media and Communication Cooperation Prospects

    11th November 2023 post by MOIT Vietnam

    Hue City, November 11 – In the framework of the “Vietnam-Laos Special Friendship Festival 2023”, the Ministry of Information and Communications of Vietnam hosted a scientific seminar titled "Prospects for Vietnam-Laos Cooperation in Journalism and Communication: Challenges and Solutions" in Thua Thien Hue province.

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    Leaders of Tuyen Quang province work in Laos

    Leaders of Tuyen Quang province work in Laos

    9th November 2023 post by MOIT Vietnam

    Continuing its business visit to the Lao PDR, on November 8, a delegation from Tuyen Quang Province, led by Ms. Le Thi Kim Dung, Permanent Deputy Secretary of the Provincial Party Committee and Chairwoman of the Provincial People’s Council, held a meeting with the Vietnamese Consulate General in Luang Prabang, Lao PDR, to discuss provincial cooperation in tourism and the promotion of Tuyen Quang’s OCOP (One Commune, One Product) products to the northern localities of Laos. Ms. Kieu Thi Hang Phuc, the Vietnamese Consul General in Luang Prabang, Lao PDR, welcomed and worked with the delegation.

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    Son La Province Increases Trade Activities with Laos

    Son La Province Increases Trade Activities with Laos

    8th November 2023 post by MOIT Vietnam

    Son La Province has been actively implementing the Vietnam-Laos Investment Promotion Project up to 2025, following Directive No. 26/CT-TTg dated December 23, 2013, by the Prime Minister of the Government. As a province sharing a long border with two Lao provinces, Luang Prabang and Houaphanh, Son La has established comprehensive cooperation with 09 out of 18 provinces in Laos, including Houaphanh, Luang Prabang, Bokeo, Oudomxay, Phongsaly, Luang Namtha, Xayabury, Xieng Khouang, and Sainyabuli. Son La has maintained a strong friendship with the northern provinces of Laos, with numerous diplomatic exchanges and collaborations in culture, economy, trade, services, education, and more. Investment support activities and trade development cooperation are progressively taking shape, yielding positive initial results.

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    IMF Projected Lao Economy Still Growth 4% in 2024

    IMF Projected Lao Economy Still Growth 4% in 2024

    22nd October 2023 post by MOIT Vietnam

    The International Monetary Fund (IMF) maintained Laos' economic growth forecast at 4 percent next year, with two main growth engines: exports and tourism, but inflation remains a challenge for the country's economy.