14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Vietnam, Laos strive to bring bilateral trade revenue up 10 percent in 2017

Vietnam and Laos are striving to bring up bilateral trade revenue by 10 percent in 2017, said Vietnamese Prime Minister Nguyen Xuan Phuc on Wednesday.

Phuc made the remark at a press briefing with his Lao counterpart Thongloun Sisoulith in Vietnamese capital Hanoi after the two co-chaired the 39th meeting of Vietnam-Laos Inter-Government Committee.
According to Phuc, in 2017 the two countries will expand cooperation in human resource training, investment in transportation infrastructure projects that links Vietnam and Laos, cooperation in management and sustainable use of water and other natural resources.
Highlighting ties between Vietnam and Laos in education, Phuc told reporters that currently, over 14,000 Lao students are studying in Vietnam.
Meanwhile, Vietnamese enterprises have invested in over 400 projects in Laos with total investment of around 3.7 billion U.S. dollars.
Lao Prime Minister Thongloun Sisoulith said that in 2017, Lao and Vietnam are celebrating the 55th anniversary of establishment of diplomatic ties and 40th anniversary of signing of Treaty of Amity and Cooperation.
After the meeting, four cooperation documents were signed, including one on establishing a joint-venture company to invest into construction of Vietnam-Lao 500kV electricity transmission line.
Thongloun Sisoulith is visiting Vietnam from Tuesday to Wednesday.
Reactions:
Share:
Trending
Most Viewed
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.