Investment projects help tighten Vietnam-Laos relations
Over the past years, Laos has always attracted the most foreign direct investment (FDI) from Vietnamese enterprises and these projects have made important contribution to enhancing the two countries’ special relations, according to Lao officials.
Vientiane (VNA) – Over the past years, Laos has always attractedthe most foreign direct investment (FDI) from Vietnamese enterprises and theseprojects have made important contribution to enhancing the two countries’ specialrelations, according to Lao officials.
Lao Minister of Planning and Investment Khamjane Vongphosy, whois also Chairman of the Laos - Vietnam Cooperation Committee, said that inaddition to geographical advantages, the main reason is because Laos andVietnam have time-tested great friendship, special solidarity, and comprehensivecooperation.
Vietnamese businesses’ investment in not only urban deltaareas but also remote areas with many difficulties in Laos is not only forpure profit purposes but also for good political relations between the twocountries, he added.
Somboun Heuangvongxa, Vice Governor of Champasak province,said Vietnamese investors not only do well in business and tax obligations butalso show that they are very responsible investors.
Besides well protecting the environment in accordance withthe signed contracts, they are the best performers in social welfare work,recognised not only by all-level inspection agencies, but also senior leadersof Laos, he said.
Star Telecom (Unitel) - a subsidiary of the joint venturebetween Lao-Asia Telecom Company and Vietnam's Viettel Group – is a notableexample, as 14 years after its operation launched, the company is the biggesttelecom service provider and one of the largest budget contributors in Laos,and creating jobs for over 27,000 employees./.
Major media outlets of Laos have highlighted the great friendship, special solidarity and comprehensive partnership between Vietnam and Laos on the occasion of the 61st anniversary of diplomatic relations between the two countries.
The Laos-Vietnam ties have been expanding across the board and are now at the best time in history, said Lao Minister of Planning and Investment Khamjane Vongphosy.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Workers at Viet Lao rubber company (Photo: VNA) 
