MOIT VIETNAM | Significant Progress on the Shortest Route between Thailand and Vietnam, Surpassing Initial Expectations
/ News / Activities
Significant Progress on the Shortest Route between Thailand and Vietnam, Surpassing Initial Expectations
In 2020, work began on the 5th Thai-Lao friendship bridge, which would link the provinces of Bueng Kan (Northeast Thailand) and Bolikhamxai (Laos). The project was estimated to cost 3.6 billion baht, with 2.6 billion baht coming from Thailand and the remaining cost coming from Laos.
Deputy Spokesperson of the Thai Government Tipanan Sirichana said on January 28, 2023, that the bridge had been 60% constructed, which was a significant improvement over the initial design. The bridge is being constructed using a cable-stayed design. The remaining component, the middle section, is expected to be finished by the middle of this year and will be opened to traffic in early 2024, according to the present timeline.
Once the bridge is operational, border trade between Laos and Thailand will be greatly enhanced, and the province of Bueng Kan will soon emerge as the regional trading hub.
In particular, according to Ms. Tipanan, the bridge would open the quickest transit route from Vietnam to Thailand via Laos, cutting the distance between the two nations to just 150km while crossing the bridge. Great prospects for the exchange of commodities between Vietnam and Thailand have arisen as a result of this occurrence.
Construction of the bridge is anticipated to have a positive impact on trade growth within the Greater Mekong Subregion (GMS), which encompasses Cambodia, Vietnam, Myanmar, and the Chinese provinces of Yunnan and Guangxi.
In addition to sending a strong signal for commerce between the two nations, completing the construction of the shortest route from Vietnam to Thailand also provides a major boost to trade in the whole area.
-
/ News / Activities
Affirming the Historic Significance and the Profound Friendship between Vietnam and Laos
On the morning of October 25, in Hanoi, the Ministry of National Defense organized a scientific seminar titled “Vietnamese Volunteer Soldiers and M...
-
/ News / Activities
Vietnam and Laos Strengthen Image Promotion, Trade, and Tourism Initiatives
The Vietnam-Laos Trade Fair showcases over 20 booths from various provinces in Vietnam, as well as some booths from districts in Xiengkhouang Provi...
-
/ News
Implementation Plan for the Memorandum of Understanding on Developing and Connecting Border Trade Infrastructure between Vietnam and Laos
Deputy Prime Minister Bùi Thanh Sơn Signs Decision No. 1247/QD-TTg Issuing the Plan to Implement the Memorandum on Developing and Connecting Border...
Others
