MOIT VIETNAM | NEWS
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Prime Minister Pham Minh Chinh’s Strategic Visit to Laos Marks New Chapter in Bilateral Relations
Prime Minister Pham Minh Chinh’s official visit to the Lao People’s Democratic Republic and his co-chairmanship of the 47th meeting of the Vietnam–Laos Inter-Governmental Committee mark a pivotal moment in the evolving relationship between the two nations. This high-level diplomatic engagement—held from January 9 to 10, 2025—underscores the enduring strength and strategic depth of Vietnam–Laos relations in the face of an increasingly complex global and regional landscape.
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Vietnam and Laos Deepen Economic Collaboration Through VIETLAO EXPO 2025
On July 17, 2025, the vibrant city of Vientiane, capital of the Lao People's Democratic Republic, became the focal point of regional economic cooperation as it hosted the grand opening ceremony of VIETLAO EXPO 2025. This signature event, the largest bilateral trade promotion platform between Vietnam and Laos, marked not just another chapter in a long-standing economic friendship but also a bold reaffirmation of shared aspirations for sustainable, inclusive, and dynamic growth in the Mekong sub-region.
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Deepening Cooperation, Strengthening Regional Unity
On the afternoon of July 28, 2025, at the Government Headquarters in Hanoi, Deputy Prime Minister and Minister of Foreign Affairs of Vietnam, Mr. Bùi Thanh Sơn, held two important virtual phone conversations with Lao Minister of Foreign Affairs Thongsavanh Phomvihane and Acting Head of the Lao Party Central Committee for External Relations, Mr. Bunleaua Phandanuvong. These dialogues were not only an affirmation of the enduring friendship and strategic trust between the two countries but also a platform to jointly assess pressing global and regional issues and chart a path for more comprehensive cooperation.
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Vietnam-Laos Bilateral Trade Strives to Reach 5 Billion USD Milestone
With strong political determination and the continued support of both Parties and Governments, Deputy Prime Minister Nguyen Chi Dung has called upon Vietnamese corporations and enterprises to conduct thorough research into the Lao market and its legal frameworks. He urged businesses to propose innovative investment ideas and transform them into concrete projects, thereby realizing the full potential of economic cooperation and working toward the goal of increasing bilateral trade to 5 billion USD.
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Vietnam and Laos Accelerate Toward Deeper Regional Integration and Unprecedented Trade Growth
In an era where regional connectivity and economic resilience are critical pillars for national development, Vietnam and Laos are emerging as a model of strategic cooperation and enduring friendship. The most compelling evidence of this momentum lies in the remarkable 100.4% increase in bilateral trade over the first five months of 2025—reaching USD 1.6 billion, a figure that reflects not only commercial vigor but also the fruits of long-term diplomatic vision and infrastructural collaboration.