Vietnam - Laos trade turnover increased by 57.1%

Prime Minister Pham Minh Chinh expressed his delight at the great friendship, special solidarity and comprehensive cooperation between Vietnam and Laos continuing to develop well in recent times.

On the afternoon of October 24, at the Government Headquarters, Prime Minister Pham Minh Chinh received General Secretary and President of Laos Thongloun Sisoulith on the occasion of attending the signing ceremony of the United Nations Convention against Cybercrime ( Hanoi Convention) in Hanoi.

Sharing about this important foreign affairs event, Prime Minister Pham Minh Chinh said that the signing ceremony of the Hanoi Convention is an important international event and Vietnam is honored to host it. The Convention will create a new corridor and legal framework, helping member countries around the world join hands to fight cybercrime, contributing to ensuring security and safety in global cyberspace. The Prime Minister emphasized that the participation of the General Secretary and President of Laos and the high-ranking Lao delegation in the signing ceremony of the Hanoi Convention contributed significantly to the overall success of the event.

Prime Minister Pham Minh Chinh meets with Lao General Secretary and President Thongloun Sisoulith

PHOTO: VNA

Prime Minister Pham Minh Chinh deeply sympathized with the heavy losses caused by natural disasters and floods, which are affecting the lives and livelihoods of Lao people; he believed that with the timely direction of the Lao People's Revolutionary Party and effective measures of the Lao Government, the affected areas will soon overcome the consequences of natural disasters and stabilize their lives.

Discussing bilateral cooperation, Prime Minister Pham Minh Chinh expressed his delight at the great friendship, special solidarity and comprehensive cooperation between Vietnam and Laos that has continued to develop well in recent times. Senior leaders of the two countries regularly meet and exchange views at bilateral meetings as well as at regional and international forums.

In 2025, many key projects are being implemented as planned, meeting the set requirements. Notably, in terms of economy and trade, bilateral trade turnover from January to September 2025 reached 2.4 billion USD, an increase of 57.1% over the same period in 2024; of which, exports reached 884.5 million USD (up 79.9%), imports reached 1.5 billion USD (up 46%).

Prime Minister Pham Minh Chinh affirmed that Vietnam consistently gives top priority to the "unique" special relationship with Laos, and strongly and comprehensively supports Laos's efforts to protect, build, innovate and develop.

Lao Party General Secretary and President Thongloun Sisoulith expressed his joy at attending the signing ceremony of the United Nations Convention against Cybercrime; assessing this as a historic event, marking the first time the international community has achieved a global legal framework to deal with criminal acts using information technology and cyberspace.

The Lao General Secretary and President especially congratulated Vietnam on hosting this important event, called the "Hanoi Convention" associated with a global multilateral treaty in a field of special interest to the international community, which will contribute to promoting the image of the country and people of Vietnam and significantly contribute to enhancing the role and position of Vietnam in the international and regional arena. The Lao General Secretary and President agreed with the assessments and sharing of Prime Minister Pham Minh Chinh on the good results achieved in bilateral cooperation in recent times with many bright spots, including many important projects that will be completed in 2025.

On this occasion, the Lao General Secretary and President expressed his deep condolences over the recent damage caused by storms and floods in the northern provinces of Vietnam .

The two leaders agreed that the two sides should strengthen close coordination to effectively and timely implement key projects between the two countries, and well organize important foreign affairs activities and practically celebrate important anniversaries of the two Parties and two countries in the coming time.

Source: https://thanhnien.vn/kim-ngach-thuong-mai-viet-nam-lao-tang-571-185251024234055278.htm