Regarding investment, Laos is one of the countries and territories that Vietnam is investing the most, currently Vietnam ranks third among the largest investors in Laos, focusing on the fields of agriculture, banking, finance, telecommunications, processing and manufacturing.

Delegates pose for a group photo at the forum.

According to Somvixay Vongthilath, Deputy Director of Trade Promotion Department under the Ministry of Industry and Trade of Laos, in order to soon achieve the target of 2 billion USD, in addition to promoting the achieved results it is also necessary to specify the limitations, shortcomings as well as obstacles on administrative mechanisms, policies and procedures.

According to a representative of Vietnamese businesses in Laos, the two governments should soon study and upgrade the road connecting Vietnam and Laos, in which it is necessary to soon build the Hanoi-Vientiane Expressway to reduce time and costs in the import and export of goods between the two countries.

In addition, more attention should be paid to attract more participation of enterprises of the two countries in economic, investment and trade cooperation and in specific fields such as trade infrastructure, the retail distribution system, and the processing industry.

The Vietnam-Laos Bilateral Trade Promotion Forum 2022 was held by the Ministry of Industry and Trade of Vietnam and the Ministry of Industry and Trade of Laos on November 25, attracting the participation of a large number of businesses from the two countries together with representatives of state management units.

Vietnam enhances special relationship with Laos

Secretary of the Party Central Committee and President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien is paying an official visit to Laos.

Bac Giang celebrates 60th founding anniversary of Vietnam-Laos diplomatic ties

(BGO) - On July 21, the provincial Union of Friendship Organizations, Vietnam-Lao Friendship Association and Liaison Committee for former Vietnamese Volunteer Soldiers and Military Experts in Laos in the northern province of Bac Giang jointly held a ceremony to mark the 60th founding anniversary of Vietnam-Laos diplomatic relations (September 5, 1962-2022) and the 45th anniversary of the signing of the bilateral Treaty of Amity and Cooperation (April 18, 1977-2022).

Vietnam gives top priority to relationship with Laos: Party chief

Vietnam always treasures and gives top priority to its special relationship with Laos, Party General Secretary Nguyen Phu Trong told Lao Vice President Bounthong Chitmany in Hanoi on July 18.

Cultivating great friendship and special solidarity between Vietnam and Laos

Today (July 18), the Parties, States and peoples from Vietnam and Laos solemnly celebrate the 60th anniversary of their diplomatic ties and the 45th anniversary of the signing of the Vietnam-Laos Treaty of Amity and Cooperation.

Incense offered at Vietnam Laos International Martyrs Cemetery

(BGO) – On the occasion of 75th anniversary of War Invalid and Martyrs’ Day of Vietnam (July 27), the Women’s Union cooperated with the Military Command in Bac Giang province to visit and present gifts to 21 Vietnamese Heroic Mother in the province from July 8 – 13, each consisting of one million VND, confectionary and a set of silk clothes.

Source: NDO