Chanthone Sitthixay (left), Chon Kyung-soon (centre) and Park Jin-Hyun display the signed agreements in Vientiane.(Photo: Vientiane Times)
Vientiane (VNA) – The Laos-Vietnam railway isexpected to be completed and put into service in 2028, according to Lao media.
Before construction, the Petroleum Trading Lao Public Company (PTL), YooshinEngineering Corporation and Korea National Railway will conduct a detaileddesign study for the railway.
Acooperation agreement on the project was signed in Vientiane last week by Presidentof Petroleum Trading Lao Public (PTL) Company Chanthone Sitthixay, President ofYooshin Engineering Corporation Chon Kyung-soon, and Executive Director ofKorea National Railway Park Jin-Hyun.
Upon completion, the Laos-Vietnam Railway will make contributions to the developmentof a modern and standardised transport infrastructure system, while reducingtransport costs so as to promote Laos’ socio-economic development.
The project will strengthen Laos’ connectivity as a transport and trade hubwithin ASEAN and beyond. It is envisaged to support the Lao government’s visionand the country’s development strategy of transforming Laos from a landlockedcountry into a land-linked country.
TheLaos-Vietnam Railway is a part of the Laos Logistics Link Project, whichincludes a number of sub-projects such as the Thanaleng Dry Port and VientianeLogistics Park, the Laos-Vietnam Railway, Vung Ang Seaport, and the BoualaphaCoal Fired Power Plant.
Thehigh-speed electrified railway project will be built over a distance of some500 kilometres, including some 312 kilometres linking Vientiane and Khammouaneprovince’s Thakhek district, and a 139-kilometre route connecting Thakhekdistrict with the Laos- Vietnam border. Total investment for the project isestimated at 5.5 billion USD./.
The Lao National Railway Enterprise (LNRE) and Keretapi Tanah Melayu Bhd (KTMB) – Malaysia’s largest railway company - have recently signed a memorandum of understanding on cooperation in a significant move to bolster their respective railway sectors and enhance regional trade within the Pan-Asian railway initiative, according to the Lao media.
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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.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Chanthone Sitthixay (left), Chon Kyung-soon (centre) and Park Jin-Hyun display the signed agreements in Vientiane.(Photo: Vientiane Times) 
