Vietnamese Finance Minister Dinh Tien Dung speaks at the seminar (Photo: VNA)
Vientiane (VNA) – Vietnam shared its experience inmanaging taxation, customs and treasury sectors with Laos at a high-levelseminar in Vientiane on March 30.
Lao Deputy Prime Minister and Finance MinisterSomdy Duangdy said the event would look into Vietnam’s experience as well asshortcomings of and orientations for the management of the three sectors in thecountry.
These are valuable to the Lao ministry as theywill contribute to local socio-economic development, he noted.
Vietnamese Finance Minister Dinh Tien Dung briefedparticipants of the development of the three sectors and the finance ministry’smanagement of the sectors, which, in his words, helped to regulate budget collectionand control budget spending at both central and local levels.
At the seminar, Vietnam’s financial officialsdiscussed and fielded questions and opinions about the taxation, customs andtreasury sectors raised by the Lao side.
Also on March 30, the delegation of Vietnam’sfinance ministry met with Lao Prime Minister Thongloun Sisoulith and held ameeting of the steering board for the two ministries’ cooperation.-VNA
HCM City and Laos’ Vientiane capital city need to flesh out measures to boost their relations in trade, investment, culture and tourism, said Secretary of the City Party Committee Dinh La Thang.
Ho Chi Minh City and the Lao province of Xieng Khouang have agreed to boost friendly ties, firstly in the fields of library, museum and high-tech agriculture.
Lao Prime Minister Thongloun Sisoulith has urged ministries to remove any unnecessary barriers to improve the investment environment and attract more capital from investors both in and outside the country.
Chairman of the HCM City People’s Committee Nguyen Thanh Phong and Vientiane Governor Sinlavong Khoutphaythoune have agreed to realise the jointly-signed cooperation agreements between the two cities.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Vietnamese Finance Minister Dinh Tien Dung speaks at the seminar (Photo: VNA) 
