Viet Nam, Laos target US$10 bln in bilateral trade by 2030
Hanoi, Oct. 9 -- Official statistics showed that the bilateral trade reached nearly US$3 billion in 2025, up 32.7 percent year on year.
Laos remains Viet Nam's largest overseas investment destination, with more than 300 projects capitalized at US$7 billion.
In the first nine months of 2026 alone, Vietnamese businesses launched 24 new projects in Laos, with investment totaling US$670 million, 1.7 times the figure recorded in the same period of 2025.
The two countries are promoting strategic infrastructure connectivity projects, including the Ha Noi-Vientiane expressway, the Vientiane-Vung Ang railway, Vung Ang Port, petroleum storage facilities and a cross-border oil pipeline project connecting Viet Nam and Laos via the Cua Lo in the ce...
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