MOIT VIETNAM | NEWS
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Vietnam-Laos Leverage Digital Transformation to Boost Trade Promotion
In recent years, the Trade Promotion Agency of Vietnam’s Ministry of Industry and Trade has played a pivotal role in fostering and advancing digital trade between Vietnam and Laos. Since the establishment of diplomatic relations on September 5, 1962, the two countries have achieved numerous milestones across various fields. From 2016 to 2021, trade turnover between Vietnam and Laos has seen stable growth, consistently exceeding the $1 billion mark annually. In 2022, trade turnover reached $1.632,2 million, marking an 18.9% increase compared to 2021.
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Vietnam-Laos Exhibitions: A Showcase of Solidarity and Friendship
Hue, Vietnam – The enduring friendship and comprehensive cooperation between Vietnam and Laos were celebrated and reaffirmed at the Vietnam-Laos Fair and Exhibition, a highlight of the "Vietnam-Laos Special Friendship Festival 2023." The event, which took place from November 11 to 15, was organized by the Ministry of Information and Communications in collaboration with the People’s Committee of Thua Thien Hue Province.
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Vietnamese Businesses Promote Investment in Laos
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
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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Vietnamese State Capital Management Committee Works to Resolve Issues For Enterprises in Laos
From November 6 to 8, a delegation from the Committee for Management of State Capital at Enterprises (CMSC), led by its Chairman Mr. Nguyen Hoang Anh, embarked on a mission to Laos to engage with government leaders and key ministries. The visit aimed to address challenges and expedite the progress of various investment projects in Laos represented by CMSC.