MOIT VIETNAM | NEWS
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Introducing the New Lao Prime Minister: A Promising Era Begins
On December 30, the Lao National Assembly confirmed Sonexay Siphandone, the country's deputy prime minister, to succeed Phankham Viphavanh as prime minister.
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/ News / Activities
Vietnam's economy ends 2022 with a number of remarkable figures
According to a report by the General Statistics Office, for the first time, Vietnam's GDP reached US$409 billion. It is estimated that this year's GDP will increase by 8.02% compared to the previous year due to the recovery of the economy and the highest increase in the period 2011 - 2022.
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Laos and Vietnam have committed to increase their cooperation in agricultural, forestry, and rural development
Laos and Vietnam have both said that they want to increase their collaboration in agricultural, forestry, and rural development until the year 2025. The commitment's primary areas of concentration include education, training, and workforce development; technological advancement; and business and economic growth.
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Laos had a trade deficit in the month of November 2022 that was roughly equivalent to more than 50$ million
According to the most recent data that can be found on the website of the Lao Trade Portal, the nation of Laos racked up a trade deficit during the month of November 2022 that was equivalent to $45 million in United States Dollars. This deficit was caused by the country's inability to sell more goods than it bought. This information may be obtained via several means. This deficit was caused by the inability of the government to sell more items than it imported into the nation via imports. The Lao Trade Deficit Report is where all of the information that was just discussed may be found.
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To the best of its ability, Vietnam will provide assistance to Laos in the conservation of its natural heritage.
To the best of its ability, Vietnam will provide assistance to Laos in the conservation of its natural heritage.