MOIT VIETNAM | NEWS
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Vietnam and Laos are committed to promoting cooperation projects to develop economic zones
The Lao State Logistics Company (LLSE) has just agreed to sell a 20 percent stake in the Vung Ang Port project to the Laos-Vietnam Vung Ang Port Development Company (VDS), which is also owned by the government. Government of Laos.
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Laos encourages large-scale livestock exports and economic prospects for Vietnamese companies.
Laos' livestock output is one of the country's top 20 exports. The current largest export markets of Laos are China, Thailand and Vietnam.
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The Ministry of Industry and Trade is committed to working closely with Lao partners
On the afternoon of April 26, at the Headquarters of the Ministry of Industry and Trade, Minister Nguyen Hong Dien received and worked with Lao Ambassador Sengphet Hung-bunong to discuss and agree on measures to strengthen bilateral cooperation in the fields of trade, industry and energy, contributing practical results to welcome high-level meetings between the leaders of the Party and State with Comrade Thoong-lun Si-sulit, General Secretary of the Laos People's Revolutionary Party who is about to visit Vietnam.
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94.2% of economic units in Laos are micro-enterprises
According to the results of the third economic census conducted by the General Statistics Office of Laos in 2019-2020, the number of grassroots economic units in Laos has increased by 9,124 units, from 124,873 in 2013 to 133,997 in 2019, of which micro-enterprises accounted for 94.2%.
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Overview of Vietnam's macroeconomics in the first 4 months of the year
Vietnam's economy grew at a rate of 4.48% (yoy) in the first quarter of 2021, equal to the rate of growth in the fourth quarter of 2020 and higher than the rate of growth in the same period in 2020 (3.82% (yoy). In Q1/2021, the agriculture, forestry, and fishery sector grew by 3.16% (yoy); the industry and construction sector grew by 6.30% (yoy); the service sector grew by 3.34% (yoy)