MOIT VIETNAM | ACTIVITIES
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/ News / Activities
Laos Acknowledges Vietnam's Effective Projects in Attapeu Province
The Vietnamese initiatives in Attapeu have brought several benefits to the local community and Laos as a whole, including the creation of employment and income, the development of exportable goods, and the inflow of foreign cash.
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/ News / Activities
Economies of Laos and the Philippines are suffering from rampant inflation.
On February 7, 2023, the Philippine Statistics Authority (PSA) announced that the country's inflation rate in January 2023 reached 8.7%; this is the highest inflation level since November 2008. In particular, core inflation (excluding energy and perishable foods) increased by 7.4% in January 2023.
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/ News / Activities
Advancements in Research and Development of the Lao Cryptocurrency Market
Considering that only 30% of the population in Laos has access to a bank account, the nation has today launched a trial of digital money for cross-border payments.
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On Tuesday, in observance of the anniversary of the foundation of the Communist Party of Vietnam, the Republic of Cambodia and Laos sent congratulations to their neighbours.
In commemoration of the 93rd anniversary of the party's founding (February 3, 1930–February 3, 2023), the Central Executive Committee of the Communist Party of Vietnam received a congratulatory message from the Central Committee of the Cambodian People's Party and the People's Party Lao Revolution on behalf of the party.
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/ News / Activities
Optimistic Sign For The World Economy
The International Monetary Fund (IMF) predicted a 2.7% growth rate in October 2022 and issued a recession warning for the world economy for 2023. The International Monetary Fund (IMF) revised their projection for this index, which increased by 0.2 percentage points, or 2.9%, as of January 31, 2023, indicating that they are more optimistic about the state of the world economy.