MOIT VIETNAM | NEWS
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/ News / Activities
Laos and Cambodia Embrace National Digital Currency, While Vietnam Awaits
A new digital currency called DLaK, short for "Digital Lao Kip," has recently been tested by the Central Bank of Laos (BOL). The aforementioned coin is the result of BOL's partnership with Soramitsu, a financial technology firm based in Japan.
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/ News / Activities
Laos Acknowledges Vietnam's Effective Projects in Attapeu Province
The Vietnamese initiatives in Attapeu have brought several benefits to the local community and Laos as a whole, including the creation of employment and income, the development of exportable goods, and the inflow of foreign cash.
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/ News / Activities
Economies of Laos and the Philippines are suffering from rampant inflation.
On February 7, 2023, the Philippine Statistics Authority (PSA) announced that the country's inflation rate in January 2023 reached 8.7%; this is the highest inflation level since November 2008. In particular, core inflation (excluding energy and perishable foods) increased by 7.4% in January 2023.
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Advancements in Research and Development of the Lao Cryptocurrency Market
Considering that only 30% of the population in Laos has access to a bank account, the nation has today launched a trial of digital money for cross-border payments.
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/ News
Impressive Growth in Vietnam-Laos Trade Turnover in 2022
Oil and gasoline of all types, fertilizers, iron and steel, machinery, equipment, and replacement parts, etc., make up the bulk of Vietnam's US$656.4 million (a 10.4 percent increase) in exports to Laos.




