MOIT VIETNAM | Talk discusses COVID-19 impact on Vietnamese firms in Laos
/ News
Talk discusses COVID-19 impact on Vietnamese firms in Laos
Vietnamese businesses in Lao sat down together to discuss their operation during the COVID-19 pandemic at a talk in the capital Vientiane on July 12.
Vietnamese Ambassador to Laos Nguyen Ba Hung speaks at the talk (Photo: VNA)
Vientiane (VNA) – Vietnamese businesses in Lao sat down together to discuss their operation during the COVID-19 pandemic at a talk in the capital Vientiane on July 12.
A focus of attention at the event was the Lao Government’s financial and banking policies to support pandemic-hit enterprises and workers.
Speaking at the function, Vietnamese Ambassador to Laos Nguyen Ba Hung said the Lao Government has carried out drastic measures to prevent and control the pandemic and mitigate its influences on the local socio-economy.
Vietnamese businesses here have faced various difficulties, he said, adding that their operations were stalled with unstable human resources and material sources.
The number of Vietnamese projects in Laos remains at 413 with total value at 4.22 billion USD.
Hung recommended Vietnamese firms proactively seek ways to adapt to the new conditions and prepare for post-pandemic production and investment, suggesting they change management styles, apply new technologies, and seize opportunities from the host country’s major infrastructure projects, which are about to be completed.
Nguyen Van Binh, General Director of LaoVietBank and head of BIDV’s representative office in Laos, said Laos has issued various financial and banking policies and run a number of preferential loan packages to help enterprises during this difficult time.
Participating firms proposed the Lao Government allow entry of Vietnamese workers and clear hurdles to goods transport.
The talk was jointly held by the Vietnamese Embassy and the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI)./.
Source: VNA
-
/ News / Activities
Highlighting the Historic Bond and Enduring 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
