MOIT VIETNAM | NEWS
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Potash Project in Laos Serves as a Growth Driver; Three Fertilizer Plants Return to Profit
On October 9, 2025, at the Conference between the Prime Minister and the Business Community on the occasion of Viet Nam Entrepreneurs’ Day, Mr. Phùng Quang Hiệp, Member of the Party Committee of the Government, Secretary of the Party Committee, and Chairman of the Members’ Council of Vinachem, delivered a keynote presentation.
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Accelerating the Implementation of Viet Nam–Lao Cooperation Projects in a Fast, Strong, and Effective Manner
On the morning of October 3, at the Government Headquarters, Deputy Prime Minister Nguyễn Chí Dũng chaired a meeting with ministries, sectors, agencies, localities, and enterprises to review the implementation of Viet Nam–Lao cooperation projects.
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Viet Nam–Laos Set a Trade Record Over the Past Decade
According to the latest data released by the General Department of Customs, during the first seven months of 2025, total bilateral import–export turnover between Viet Nam and Laos reached USD 2 billion, representing a sharp increase of 79% year-on-year. This figure marks the highest level of bilateral trade between the two countries over the past ten years (2016–2025).
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The Lao Market – Tremendous Potential for Vietnamese Goods
Laos, a close neighboring country of Viet Nam, is increasingly becoming an attractive consumer market for a wide range of Vietnamese products. Vietnam’s export activities to Laos have continued to expand, opening up numerous business opportunities and fostering stronger trade cooperation between the two countries.
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Vietnam–Laos Elevate Economic, Trade, and Energy Cooperation to a New Level
The visit and working trip of Lao Minister of Industry and Commerce Malaithong Kommasith marks an important milestone, opening a new phase of more substantive, effective, and sustainable cooperation between the two ministries and the two countries.




