Vietnam is investing effectively in Champasak province, according to Vice Governor of the province Buasone Vongsongkhon (Illustrative image. Source: VNA)
Hanoi (VNA) – Twelve years ago, Bachiang wasone of the most disadvantaged districts in Laos’ southwestern province of Champasak.
Since the Vietnam-Laos rubber company invested in growing rubber treesin Bachiang in 2005, local living standards and infrastructure have improvedrapidly.
The company has created jobs for 3,000 locals and promoted socialwelfare policies to improve people’s lives.
It also helped farmers adopt new techniques to increase productivity.
Deputy director and Chairman of the trade union of the company NguyenTuan Dung said the company has used part of its annual profits to buildschools, roads, pagodas, markets and other facilities in Laos.
Vietnamis investing effectively in Champasak province,Vice Governor of the province Buasone Vongsongkhon has said.
Apart from investing in rubber cultivation, Vietnamese firms also buildhospitals, schools and roads as well as help locals escape from poverty, henoted.
According to the Lao Ministry of Planning and Investment, as of 2016, Vietnam had more than 400 projects in Laos worthnearly 4 billion USD, focusing on hydropower, mining, transportation, plantingindustrial trees and services.
This has contributed to local development, generating jobs andincreasing incomes for local people as well as tightening the friendship betweenthe two countries.-VNA
A photo exhibition on Vietnam-Laos relations opened at the Lao National Cultural Hall in Vientiane on December 6 to mark the Vietnam-Laos, Laos-Vietnam Friendship and Solidarity Year 2017.
Work began on the construction of a high school, a gift from General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong, in Laos’ Bolykhamxay province on December 13.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Vietnam is investing effectively in Champasak province, according to Vice Governor of the province Buasone Vongsongkhon (Illustrative image. Source: VNA) 
