Numerous Vietnamese projects in various sectors have effectively contributed to Laos' development, creating jobs and improving the livelihoods of tens of thousands of local workers.
Electricity imports from Laos are crucial to boost supply and mitigate power shortages in northern Vietnam in 2025 and beyond.
The new Vietnam-Laos trade agreement, which consists of five chapters with 15 articles and five appendices, covers important aspects of trade cooperation between the two countries.
The Vietnamese Embassy in Laos is ready to coordinate and advise to ensure that the cooperation between Hanoi and Vientiane becomes a model for local-level cooperation between Vietnam and Laos.
Hanoi has a target of 5.5 million international visitors in 2024.
Hanoi will continue to strengthen practical and effective cooperation with Vientiane and Laotian localities in the coming time.
The visit will help consolidate and enhance the cooperation and development relations between Vietnam and Laos in general and between Hanoi and Vientiane in particular.
Laos looks forward to continued exploration and investment by Vietnamese companies in sectors where the former excels, including clean agriculture, agro-processing, mining, and clean energy.
The MoU will help Vietnamese and Laotian archival institutions strengthen training and the exhibition of documents.
Vietnam has always valued its relations with Laos and Cambodia and considered them one of its foreign policy priorities.
The number of Lao tourist arrivals to Vietnam soared drastically in the six first month of 2023, reaching a growth rate of 117%.
Vietnam and Laos are collaborating to implement high-quality education and human resources development projects in 2021-2030.
Hanoi aims to expand cooperation with Lao localities in various sectors such as tourism, agriculture, education, and health.
Hanoi has always been committed to promoting cooperation with Vientiane in all fields for the mutual development of the two capitals.
With Laos being the first destination for Vietnamese president’s overseas trip, Vietnam affirms its consistent policy given to “great friendship” with the neighboring country.
The Government of Laos pledged to amend the law to facilitate the investment of Vietnamese companies that have poured more than US$5.34 billion in the neighboring country so far.
The two countries are determined to boost economic ties by expanding investment, mostly in border localities.
