10th May 2024 post by MOIT Vietnam

In an effort to bolster agricultural cooperation with neighboring Lao provinces, the Department of Agriculture and Rural Development is intensifying its efforts to exchange and share agricultural production experiences. The department is also launching various programs to assist farmers in northern Laos in developing effective production and livestock models.

10th May 2024 post by MOIT Vietnam

Laos is grappling with significant economic challenges as its national currency continues to depreciate against major currencies, particularly the US dollar and Thai baht.

8th May 2024 post by MOIT Vietnam

In the first quarter of 2024, trade between Vietnam and Laos saw a significant increase, rising by 12% compared to the same period in 2023, reaching over $476 million.

8th May 2024 post by MOIT Vietnam

The latest report from the Asian Development Bank (ADB) indicates that Laos is expected to experience moderate economic growth in the coming year and the year after, primarily driven by external factors such as tourism and trade.

7th May 2024 post by MOIT Vietnam

According to the Foreign Investment Agency of the Ministry of Planning and Investment, as of April 20, 2024, foreign investment in Vietnam has totaled over $9.27 billion. This marks a 4.5% increase compared to the same period in 2023. Additionally, the actual implementation of foreign investment projects is estimated at approximately $6.28 billion, reflecting a 7.4% increase from the previous year.