MOIT VIETNAM | ACTIVITIES
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/ News / Activities
The Ministry of Industry and Trade is committed to working closely with Lao partners
On the afternoon of April 26, at the Headquarters of the Ministry of Industry and Trade, Minister Nguyen Hong Dien received and worked with Lao Ambassador Sengphet Hung-bunong to discuss and agree on measures to strengthen bilateral cooperation in the fields of trade, industry and energy, contributing practical results to welcome high-level meetings between the leaders of the Party and State with Comrade Thoong-lun Si-sulit, General Secretary of the Laos People's Revolutionary Party who is about to visit Vietnam.
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/ News / Activities
94.2% of economic units in Laos are micro-enterprises
According to the results of the third economic census conducted by the General Statistics Office of Laos in 2019-2020, the number of grassroots economic units in Laos has increased by 9,124 units, from 124,873 in 2013 to 133,997 in 2019, of which micro-enterprises accounted for 94.2%.
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Overview of Vietnam's macroeconomics in the first 4 months of the year
Vietnam's economy grew at a rate of 4.48% (yoy) in the first quarter of 2021, equal to the rate of growth in the fourth quarter of 2020 and higher than the rate of growth in the same period in 2020 (3.82% (yoy). In Q1/2021, the agriculture, forestry, and fishery sector grew by 3.16% (yoy); the industry and construction sector grew by 6.30% (yoy); the service sector grew by 3.34% (yoy)
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Enhancing ASEAN development cooperation
From April 23-24, Prime Minister Pham Minh Chinh led a high level Vietnamese delegation to attend the ASEAN Leaders' Meeting in Jakarta, Indonesia. This is the first foreign trip of the Prime Minister and he has stated that tightening and strengthening solidarity and cooperation with ASEAN member states is a top priority for Vietnam.
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Laos eyes graduation from the Least Developed Country (“LDC”) in 2026
The Lao government will set up human resource development and cooperation with development partners to ensure Laos is able to graduate from the Least Developed Country Category in 2026.