PM praises efforts of Vietnamese investors in Laos
Prime Minister Nguyen Xuan Phuc has praised efforts made by Vietnamese investors in Laos to ensure their projects are implemented as scheduled, thus contributing to the bilateral economic ties.
Prime Minister Nguyen Xuan Phuc speaks at the meeting (Source: VNA)
Vientiane (VNA) – Prime Minister Nguyen Xuan Phuc haspraised efforts made by Vietnamese investors in Laos to ensure their projectsare implemented as scheduled, thus contributing to developing the Vietnam-Laoseconomic ties.
Meeting with businesses which are members of the Associationof Vietnamese Investors in Laos in Vientiane on April 27, PM Phuc affirmed thatthe Party and State always facilitate Vietnamese enterprises to invest in Laos.
He suggested investors focus on fields which are Vietnam’sstrengths such as agriculture, pharmaceutical products, and animal husbandry.
The Government leader asked investors to turn their wordsinto actions while doing business in Laos, while requesting the Association ofVietnamese Investors in Laos to organise dialogues and invite leaders of theLao government and management agencies to take part in.
At the meeting, representatives of Vietnamese investors inLaos proposed the government carry out measures to perfect the legal frameworkon economic cooperation as well as incentives to help businesses deal withdifficulties to ensure their projects’ progress.
The government should pay more attention to cooperation inseveral key sectors to make the bilateral relations more practical andeffective, they said.
On this occasion, PM Phuc and his Lao counterpart ThonglounSisoulith attended a ceremony to inaugurate Crowne Plaza hotel – a jointproject of the two countries’ businesses. The hotel, which was built fromSeptember 2011 and put into operation in January 2017, is considered one of themost modern hotels in Vientiane.-VNA
Prime Minister Nguyen Xuan Phuc and his Lao counterpart Thongloun Sisoulith launched the Vietnam-Laos Solidarity and Friendship Year 2017 at a ceremony in Vientiane on April 26.
Prime Minister Nguyen Xuan Phuc and his Lao counterpart Thongloun Sisoulith have agreed to give the top priority to nurturing the bilateral traditional friendship and special solidarity.
Party and State leaders of Laos have welcomed the on-going visit of Vietnamese Prime Minister Nguyen Xuan Phuc saying that it will significantly contribute to the growth of the Vietnam-Laos ties.
Prime Minister Nguyen Xuan Phuc has sent a letter to his Cambodian counterpart Samdech Techo Hun Sen, expressing thanks to the Prime Minister, leaders and people of Cambodia for their warm welcome.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Prime Minister Nguyen Xuan Phuc speaks at the meeting (Source: VNA) 
