Vientiane (VNA) – Vietnam has invested over 815 million USD in hydropowerand mining projects in Laos’s Attapeu province, the Vientiane Times reported onJune 9.
Director of the provincial Energy and Mines Department VithayaPhommachanh said that 691 million USD was invested in several power projects, including Xekaman 1, Xekaman Sanxay, Xekong Loum A and Xekong Loum B hydropower plants, which are expected to be completed in 2025.
The power projects also include a thermal, a solar and a biomass power plants, along with some transmission lines.
The remaining 30.8 million USD was invested in a transformer station.
Meanwhile, 93.3 million USD was poured in the mining sector.
The Vientiane Times also reported that Vietnam is currentlyrunning 417 projects worth 4.3 billion USD in Laos, ranking third among 54 nationsand territories pouring capital into the country.
Last year, the Lao Government allowed Vietnamese businessesto invest in three projects, including two in the mining sector and one in thebanking sector.
Two-way trade hit 1.37 billion USD in 2021, up 33.32 percentyear-on-year./.
Since the establishment of their bilateral diplomatic ties in 1962, Vietnam and Laos have promoted cooperation across spheres, with their trade exchange posting substantial growth, benefiting both countries.
Deputy Secretary of the Hanoi Party Committee and Chairman of the city People’s Council Nguyen Ngoc Tuan has proposed that Hanoi and Vientiane optimise cooperation mechanisms and forms to promote mutual support, thus enhancing the quality and efficiency of the two People’s Councils and contributing to the common growth of the two capital cities.
A visiting high-level delegation from Ho Chi Minh City on May 26 held talks with a delegation of the Lao capital Vientiane, headed by Chairman of the municipal People’s Council Anouphap Tounalom.
Secretary of the provincial Party Committee of central Quang Nam province Phan Viet Cuong on June 8 held a meeting with a visiting delegation from Laos’s Sekong province led by the Secretary of the Party Committee and Governor of Sekong, Leklai Sivilay.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: ThaiPBS) 
