MOIT VIETNAM | NEWS
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Vietnam-Laos Investment Cooperation: Expectations for a 10 Billion USD Breakthrough
A series of major Vietnamese investment projects in Laos and the development of industrial linkage chains are expected to yield practical results, soon realizing the goal of increasing bilateral trade turnover to 10 billion USD. These requirements and expectations have been set forth following the state visit of General Secretary To Lam and the ongoing session of the Vietnam-Laos Intergovernmental Committee attended by Prime Minister Pham Minh Chinh—an event highly anticipated by the business communities of both nations.
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Bringing Vietnam-Laos Cooperation into Depth, Substance, and Greater Sustainability
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Increasing Numbers of Vietnamese Business Projects Operate Effectively, Making Positive Contributions to Lao Socio-Economic Development Across All Sectors
As part of the working program in Laos to co-chair the 48th Session of the Intergovernmental Committee on Vietnam-Laos Bilateral Cooperation, Prime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone co-presided over the Vietnam-Laos Investment Promotion Conference in Vientiane on the afternoon of December 3. The conference was held under the theme "Strategic Cooperation: Creating Prosperous Development."
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Strengthening Viet Nam – Laos Logistics Connectivity: Current Situation and Solutions
Abstract With a shared border of nearly 2,400 km and a special cooperative relationship, Viet Nam and Laos possess many favorable conditions to form strategic economic corridors, linking transport and logistics infrastructure, institutions and policies, as well as border markets. However, an assessment of the 2020–2024 period shows that logistics connectivity between the two countries still faces numerous bottlenecks, including uncoordinated infrastructure, high transport costs, complex customs procedures, limited levels of digitalization, and enterprise cooperation capacity that remains disproportionate to potential. On this basis, the study proposes a system of viewpoints, orientations, and solution groups to strengthen Viet Nam–Laos logistics connectivity in the coming period. Key solutions include: (i) upgrading and modernizing bilateral transport and logistics infrastructure; (ii) reforming customs procedures, implementing a “single window – single stop” mechanism, and applying digital technologies; (iii) strengthening enterprise–state cooperation, developing cross-border logistics services and e-commerce; (iv) promoting institutional cooperation, financial and investment policies; and (v) building green logistics models associated with sustainable development. The synchronized implementation of these solutions is expected to shorten transport time, reduce logistics costs, increase cargo volumes, facilitate trade, and move toward the target of USD 5 billion in bilateral trade turnover in the coming years.
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Vietnam–Laos Cooperation Becomes Increasingly Substantive and Effective
Minister of Finance Nguyễn Văn Thắng, Chairman of the Vietnam–Laos Cooperation Committee, expressed his confidence that the outcomes of the 48th Meeting of the Vietnam–Laos Intergovernmental Committee on Bilateral Cooperation will further promote the bilateral relationship toward greater substance and effectiveness.




