Vietnamese businesses greatly contribute to Laos’s socio-economic development
The Vietnam Business Association for Cooperation and Investment in Laos (BACI) held an ceremony to mark the 17th anniversary of the Vietnam Entrepreneurs’ Day in both face-to-face and online forms in Vientiane on October 13.
Vientiane (VNA) – The VietnamBusiness Association for Cooperation and Investment in Laos (BACI) held an ceremony to mark the 17th anniversary of the Vietnam Entrepreneurs’ Day in both face-to-face and online forms in Vientiane on October 13.
Addressing the event, interim chairman of BACI Duong Dinh Bang said implementingthe policy of promoting economic cooperation with Laos, on the basis of thegreat friendship, special solidarity and comprehensive cooperation between thetwo countries, many Vietnamese enterprises have poured investment into and done business in the country.
With more than 400 investment projects worth over 5 billion USD, Vietnam iscurrently the third largest foreign investor in Laos, after Thailand and China, hesaid.
In recent years, the Vietnamese business community in Laos has not onlycontributed to the Lao budget but also donated tens of millions of USD tosocial security activities, developing infrastructure facilities and creatingjobs for thousands of Lao labourers.
It has also helped change Lao labourers’ awareness of shifting from small-scaleproduction to commodity-based production, contributing to creating a new andfundamental orientation to promote sustainable production development in the country.
Vietnamese Ambassador to Laos Nguyen Ba Hung praised efforts of the Vietnamese businesscommunity in Laos to overcome difficulties caused by the COVID-19 pandemic, andexpressing his delight at the increasing number of new projects invested byVietnamese firms in Laos despite the health crisis.
He urged Vietnamese enterprises operating in Laos to update and further promote application of new technologies and digital transformation in order to maximisethe efficiency of their production and business activities and effectivelyadapt to the pandemic.
The diplomat called on Vietnamese businesses to strengthen coordination andsupport each other, contributing to further tightening the Vietnam – Laos great relationship.
He took the occasion to applaud activecontributions of Vietnamese enterprises in Laos to both countries' fight against COVID-19./.
The PathetLao Daily on September 1 published on the front page an editorial hailing Vietnam's achievements and the Laos-Vietnam relationship on the occasion of Vietnam's National Day (September 2).
Deputy head of the Lao People’s Revolutionary Party Central Committee’s Commission for External Relations Somphone Sichaleun and Deputy Foreign Minister Phoxay Khaykhamphithoune visited the Vietnamese Embassy in Laos on September 1 to offer congratulations on the 76th anniversary of Vietnam’s National Day (September 2).
On the 76th anniversary of the National Day of the Socialist Republic of Vietnam (September 2), the PathetLao Daily frontpaged an editorial on Vietnam’s development process.
PathetLao Daily, a publication of the Laos News Agency (KPL), front-paged an editorial on the close relationship shared between the KPL and the Vietnam News Agency (VNA) on the occasion of the latter’s 76th founding anniversary (September 15).
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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.
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Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
At the event (Photo: VNA) 
