14:26 10/01/2025

đăng nhập bet88 47th meeting of Vietnam-Laos Intergovernmental Committee held in Vientiane

Phuong Hoa

đăng nhập bet88 two Prime Ministers agreed to promote Vietnam-Laos economic connectivity in multiple areas.

Prime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone co-chaired đăng nhập bet88 47th meeting of đăng nhập bet88 Vietnam-Laos Intergovernmental Committee for Bilateral Cooperation. (Photo: VGP)
Prime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone co-chaired đăng nhập bet88 47th meeting of đăng nhập bet88 Vietnam-Laos Intergovernmental Committee for Bilateral Cooperation. (Photo: VGP)

đăng nhập bet88 47th meeting of đăng nhập bet88 Vietnam-Laos Intergovernmental Committee for Bilateral Cooperation was held in Vientiane (Laos) on January 9, under đăng nhập bet88 chairmanship of VietnamesePrime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone.

During đăng nhập bet88 meeting, đăng nhập bet88 two Prime Ministers emphasized that despite numerous challenges and difficulties, Vietnam and Laos have effectively and rigorously implemented high-level agreements, achieving significant cooperation milestones, thus contributing to building an independent, self-reliant, and deeply integrated economy of each country with tangible and effective results.

In 2024, đăng nhập bet88 economic, trade, and investment cooperation between đăng nhập bet88 two countries was further promoted, yielding impressive achievements. Cumulatively, Vietnamese enterprises have so far invested in 267 projects in Laos, with a total registered capital of .7 billion, of which approximately .8 billion has been disbursed.

Notably, Vietnamese investment in Laos is showing a sustainable upward trend. In 2024, đăng nhập bet88 registered investment capital reached 1.1 million, up 62.1 per cent year-on-year. Over đăng nhập bet88 past five years, Vietnamese enterprises have contributed an annual average of 0 million in taxes and financial obligations to Laos.

Amidst global and regional economic difficulties and declining consumption demand, bilateral trade between Vietnam and Laos marked a significant achievement in 2024, with total trade turnover reaching .2 billion, up nearly 34 per cent year-on-year. Notably, Laos achieved a trade surplus with Vietnam of 2.7 million, up 30 per cent year-on-year. To this accomplishment, Vietnamese enterprises investing and operating in Laos have made activecontributions.

For 2025, đăng nhập bet88 two sides agreed to more rigorously and effectively implement high-level agreements, adopting robust and practical measures to further deepen their political and diplomatic relations, strengthen đăng nhập bet88 defense-security pillar, and vigorously promote economic cooperation.

Priority will be also given to improving đăng nhập bet88 quality of education-training cooperation and human resources development, with đăng nhập bet88 Vietnamese Government continuing to provide 1,160 scholarships for Lao officials and students to study in Vietnam, while sending teachers to Laos to teach đăng nhập bet88 Vietnamese language, at Laos' request.

Besides, đăng nhập bet88 two countries will work out directions for further enhancing đăng nhập bet88 bilateral comprehensive cooperation, maintaining and improving đăng nhập bet88 effectiveness of existing cooperation mechanisms, and exchanging high-level visits and meetings flexibly and effectively. Mutual efforts will also be made to enhance đăng nhập bet88 efficiency of đăng nhập bet88 bilateral cooperation at all levels and across sectors.

đăng nhập bet88 two countries also aim to achieve stronger trade growth, targeting a 10 -15 per cent increase in 2025 compared to 2024, reaching đăng nhập bet88 target of billion in two-way trade turnover.

Meanwhile, agriculture and rural development will be prioritized as a key pillar of economic cooperation, and local currency payments between đăng nhập bet88 two nations will be promoted.

At đăng nhập bet88 meeting, đăng nhập bet88 two Prime Ministers witnessed đăng nhập bet88 signing and exchange of important cooperation agreements between đăng nhập bet88 two countries.

Later on đăng nhập bet88 day, at Vietnam-Laos Investment Cooperation Conference 2025, Prime Minister Pham Minh Chinh and Prime Minister Sonexay Siphandone also witnessed đăng nhập bet88 granting of licenses and agreements for projects worth billions of dollars between agencies and partners of đăng nhập bet88 two countries.