Vietnam - Laos trade turnover increased by 57.1%

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

Sharing his thoughts on this important diplomatic event, Prime Minister Pham Minh Chinh stated that the Hanoi Convention's signing ceremony is a significant international event, and Vietnam is honored to host it. The Convention will create a new legal framework and framework, enabling member states worldwide to work together to combat cybercrime, contributing to global cybersecurity. The Prime Minister emphasized that the participation of the General Secretary and President of Laos, along with a high-level Lao delegation, in the Hanoi Convention's signing ceremony significantly contributed to the event's overall success.

- Ảnh 1. — Prime Minister Pham Minh Chinh met with General Secretary and President of Laos Thongloun Sisoulith.

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

Discussing bilateral cooperation, Prime Minister Pham Minh Chinh expressed his pleasure at seeing the great friendship, special solidarity, and comprehensive cooperation between Vietnam and Laos continue to develop well in recent times. High-level leaders of the two countries regularly meet and exchange views at bilateral working meetings as well as at regional and international forums.

In 2025, many key projects are being implemented on schedule, meeting the set requirements. Particularly in terms of economy and trade, bilateral trade turnover from January to September 2025 reached US$2.4 billion, an increase of 57.1% compared to the same period in 2024; of which, exports reached US$884.5 million (an increase of 79.9%), and imports reached US$1.5 billion (an increase of 46%).

Prime Minister Pham Minh Chinh affirmed that Vietnam, as always, gives the highest priority to the unique and special relationship with Laos, and strongly and comprehensively supports Laos's efforts in protection, construction, reform, and development.

Lao Party General Secretary and President Thongloun Sisoulith expressed his delight at attending the signing ceremony of the United Nations Convention against Cybercrime; he assessed this as a historically significant event, marking the first time the international community has achieved a global legal framework to address cybercrimes.

The General Secretary and President of Laos extended special congratulations to Vietnam on hosting this important event, the "Hanoi Convention," which is linked to a global multilateral treaty in a field of particular interest to the international community. This will contribute to promoting the image of Vietnam and its people, and significantly enhance Vietnam 's role and position in the international and regional arena. The General Secretary and President of Laos agreed with Prime Minister Pham Minh Chinh's assessments and shared views on the positive results achieved in bilateral cooperation over the past period, noting many bright spots, including several important projects scheduled for completion in 2025.

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

The two leaders agreed that both sides should strengthen close coordination to effectively and timely implement key projects between the two countries, and organize important and practical diplomatic activities to commemorate the important holidays of the two Parties and two countries in the coming period.

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