MOIT VIETNAM | NEWS
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More than 30 percent growth in commerce between Vietnam and Laos is expected in 2021.
Vietnam and Laos' first 11 months of 2021 had bilateral commerce turnover of $1.2 billion—a 33.6 percent increase over that time in 2020—despite the COVID-19 pandemic.
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Vietnam-Laos SOM were co-chaired by the deputy chairman of the Intergovernmental Committee on Cooperation
It is projected that commercial transactions between the two countries would make major advance in the year 2021, despite the fact that the COVID-19 outbreak has posed a great deal of difficulty.
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"Vietnam's visit by the Lao Prime Minister would provide a driving force to enhance comprehensive cooperation in 2022," said the Vietnamese ambassador in Laos.
At the invitation of Prime Minister Pham Minh Chinh, a high-ranking delegation of the Lao Government led by Prime Minister Phankham Viphavan will pay an official visit to Vietnam from January 8-10.
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Vietnamese enterprises face the opportunity to penetrate the Lao market after being opened
Laos is racing to vaccinate against COVID-19 to prepare to open its borders from next month, part of a three-phase opening plan by 2022.
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Talks between Party leaders of Vietnam and Laos
On December 6, Comrade Bui Thi Minh Hoai, Secretary of the Party Central Committee, Head of the Central Committee for Mass Mobilization of the Communist Party of Vietnam held an online conference with Comrade Sinlavong Khutphaythoun, Politburo member, Chairman of the Central Committee of the Laos Front for National Construction.