MOIT VIETNAM | NEWS
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Vung Ang’s New Gateway: Inauguration of Lao–Vietnam International Port Terminal 3 Boosts Regional Trade and Strategic Connectivity
The afternoon sun glinted off the waters of Vung Ang Bay as dignitaries, business leaders, and local residents gathered to witness a moment that may well redefine trade in the Indochinese region. Amid the bustling Vung Ang Economic Zone, the People’s Committee of Ha Tinh, in partnership with the Lao–Vietnam International Port Joint Stock Company, officially inaugurated Terminal 3—a modern maritime gateway promising to expand trade horizons, deepen bilateral ties, and create fresh opportunities for growth.
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Nearly 46% of Vietnam’s Overseas Investment in First Four Months of 2025 Directed to Laos
In the first four months of 2025, Laos emerged as the top destination for Vietnamese overseas investment, attracting a total of USD 140.6 million — equivalent to 45.5% of Vietnam’s total outbound capital.
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Towards a New Horizon: Advancing Sustainable and Effective Trade Relations between Vietnam and Laos
More than six decades have passed since Vietnam and Laos officially established diplomatic relations in 1962. Since then, what began as a bond forged in shared history, struggle, and solidarity has blossomed into a robust and multifaceted partnership—one that continues to evolve in depth and sophistication. In particular, the field of trade and investment has emerged as a cornerstone of bilateral cooperation, playing a pivotal role in driving the economic transformation of both countries.
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Anchoring Friendship, Expanding Horizons: Vietnam and Laos Celebrate New Milestone with the Inauguration of Wharf No. 3
In the spirit of enduring friendship and forward-looking cooperation, Vietnam and Laos took another historic step on April 28th, with the official inauguration of Wharf No. 3 at the Lao-Viet International Port in the Vũng Áng Economic Zone, located in Kỳ Anh Town, Hà Tĩnh Province. The ceremony marked not just the launch of a major infrastructure project, but a renewed affirmation of the special solidarity between the two countries—an alliance forged in shared struggle and sustained by mutual trust.
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Driving Trade, Boosting Logistics, and Opening New Gateways for Vietnam and Laos
The commissioning of Wharf No. 3 at the Lao–Vietnam International Port is more than a ribbon-cutting ceremony—it is a declaration of intent. Standing tall on Hà Tĩnh’s coastline, this modern maritime facility represents a decisive leap in the province’s journey to become a regional logistics powerhouse. Its deep berths and advanced handling capacity are not just steel and concrete; they are new arteries for the flow of goods, ideas, and opportunities, linking not only Vietnamese markets but also the ambitions of landlocked Laos to the vast waters of the East Sea and beyond.