President of the Lao State Inspection Authority Khamphan Phommaphat on June 1 worked with leaders of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Vietnam Electricity (EVN) as part of his visit to Vietnam.
President of the Lao State Inspection Authority Khamphan Phommaphat works with leaders of BIDV. (Photo: VNA)
Hanoi (VNA) - Presidentof the Lao State Inspection Authority Khamphan Phommaphat on June 1worked with leaders of the Joint Stock Commercial Bank for Investment and Development ofVietnam (BIDV) and Vietnam Electricity (EVN) as part of his visit toVietnam.
BIDV Chairman Phan Duc Tu thanked the Lao Party and State for theirsupport and creating favourable conditions for Vietnamese banks, including BIDV,to operate in Laos.
After 23 years of presence in Laos, BIDV now has onerepresentative office and two joint ventures, namely Laos - Vietnam Joint VentureBank and Laos – Vietnam Insurance Joint Venture Company, in the neighbouringcountry, Tu said.
In the coming time, BIDV will continue backing and directing itssubordinate firms to well implement political and economic tasks assigned bythe Party, State and Government and establish close and sustainable ties with Laobusinesses and people, he added.
Khamphan, who is also Politburo member of theLao People’s Revolutionary Party (LPRP), Secretary of the LPRP CentralCommittee, head of its Inspection Commission and head of the central committeefor corruption prevention and control, expressed his hope that through his visit,the mutual provision of updated information about the apparatus andoperation of BIDV, the two nations will further step up cooperative relationsin the banking industry.
During his working session withEVN's leaders, Khamphan highlightedthe traditional partnership between Vietnam and Laos, as well as between theirelectricity sectors.
The Lao official expected that the ongoing visit will contribute to enhancing cooperation and mutual development, thus bringing benefits to both sides./.
Truong Thi Mai, Politburo member, Secretary of the Communist Party of Vietnam (CPV) Central Committee and head of its Organisation Commission, is leading a high-ranking Vietnamese delegation to visit Laos from May 30 to June 1.
Inspector General of Vietnam’s Government Inspectorate Doan Hong Phong held talks with President of the Lao State Inspection Authority Khamphan Phommaphat in Hanoi on June 1.
Truong Thi Mai, Politburo member, Secretary of the Communist Party of Vietnam (CPV) Central Committee and head of its Organisation Commission, on June 1 visited Bolikhamxay province as part of her trip to Laos.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
President of the Lao State Inspection Authority Khamphan Phommaphat works with leaders of BIDV. (Photo: VNA) 
