Under the agreement, GSM Laos will deploy transport services using a fully electric fleet, tailored to the operational needs of individual enterprises. The services will include taxi operations, airport transfers, event-based transport packages and made-to-order mobility solutions.
The Vietnam – Laos industrial chain is a multidimensional cooperation model between enterprises of both countries in production and trade, aiming to create a tightly linked network across the entire value and supply chain.
The agreement is the result of thorough discussions and negotiations between the parties and opens a new phase of cooperation in coal trade between Vinacomin and energy companies in Laos. It affirms Vinacomin’s role in expanding markets and ensuring stability and efficiency for the group's production and business activities.
Vietnam is ready to share experience and technology, and support Laos in building its national digital data platforms, and to cooperate at regional and international forums, particularly in cybersecurity.
The four-day event aims to boost diplomacy, economic cooperation, and cultural exchange between the two countries, contributing to their stability and prosperity.
Featuring nearly 120 standard booths, the expo will bring together major enterprises and reputable brands from both countries. Exhibited products will be diverse and wide-ranging, catering to consumption demands in Laos and the wider ASEAN market.
In the first nine months of 2025, bilateral trade between Vietnam and Laos reached 2.36 billion USD, up 57% year-on-year and the highest level in a decade.
As part of its business development strategy, BSR is expanding trade cooperation, signing long-term export contracts with partners in Southeast Asia, with a focus on supplying products to Laos, Cambodia, Myanmar, Indonesia, and new markets in East Asia.
To date, Vietnamese businesses have invested in 274 projects in Laos, with total registered capital of 5.82 billion USD and realised capital of about 3 billion USD.
The plan aims to effectively implement the Vietnam – Laos Trade Agreement signed on April 8, 2024, facilitating businesses in applying preferential import tariffs, demonstrating the special friendship and importance both sides attach to their ties, thus further promoting the bilateral trade ties.
The recognition comes from the Speedtest Awards presented by Ookla, a globally trusted organisation, based on objective analysis of data collected from users’ daily experience and service testing.
Acting Foreign Minister Le Hoai Trung highlighted the strong, comprehensive, and substantive development of cooperation between the two countries, affirming that Vietnam always values and gives the top priority to its relations with Laos.
Participants discussed the Vietnamese banks' perspectives on the monetary policy of the Bank of the Lao PDR, the banks' performance, and measures for effectively improving banking operations in the coming time.
In Sepon, a remote mountainous district of Savannakhet province in central Laos, the investment of Vietnamese businesses has contributed to boosting the local economy, thus improving the livelihoods of residents, creating jobs and promoting sustainable agricultural development across the region.
Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.
A delegation from the Vietnam National Chemical Group (Vinachem) visited Laos from May 26-29 to accelerate a potassium salt mining and processing plant in the central province of Khammouane, a flagship project symbolising the deepening partnership between the two nations.
The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.
Vice Governor of Savannakhet Saensak Soulisak highlighted the exhibition’s role in expanding trade collaboration, enabling businesses to connect, share experience, and explore investment prospects. He also noted its significance in promoting local products to a wider market.
Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and easing foreign currency demand pressures.
In 2024, Vietnam has become the third-largest supplier of goods to the Lao market, after Thailand and China
Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.
He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.
A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./
The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.
The central banks of Vietnam and Laos have recently launched a bilateral retail payment service using QR codes, enabling seamless cross-border transactions between the two countries.