Category: Business

Vietnam-Laos trade turnover increases sharply in January

Vientiane: The Vietnam – Laos trade turnover in January increased by 75.8% over the same period in 2023, reaching 174.4 million USD.

Specifically, Vietnam’s exports to Laos were valued at 56.8 million USD, surging 104.4% year-on-year, with h increase…

Laos proposes to sell 4,150 MW of wind power to Vietnam

Hanoi: Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos that want to sell electricity to Vietnam, with a total capacity of nearly 4,150 MW, the Ministry of Industry and Trade (MoIT) has said.

Lao investors will …

Banks expect credit growth from Q2

Hanoi: Banks are expecting an improvement in credit growth from the second quarter of 2024, especially now that loan interest rates have decreased, exports gradually recovered, and domestic consumption increased.

The State Bank of Vietnam said that a…