On October 3, at the Government Headquarters, Deputy Prime Minister Nguyen Chi Dung chaired a meeting with ministries, branches, agencies, localities and enterprises to review the implementation of Vietnam - Laos cooperation projects.
According to the report of the Ministry of Finance, the implementation of the Agreement on the Vietnam - Laos cooperation plan for the first 8 months of 2025 has achieved the set goals, achieving many important results.
Notably, Vietnam's investment in Laos has changed well and tends to increase again in a more sustainable direction. In the first 8 months of 2025, registered investment capital in Laos reached 322 million USD, an increase of 6 times over the same period in 2024, focusing on the fields of energy, mining, and transportation services.
To date, Vietnamese enterprises have invested in Laos with 274 projects, with a total registered capital of 5.82 billion USD; the implemented capital reached about 3 billion USD. In particular, many investment projects of Vietnamese enterprises in Laos are operating effectively.
The projects using Vietnam's aid capital for Laos have basically met the requirements of the set progress. The project owners of both sides have made efforts to coordinate the implementation, many projects have been completed and handed over for use.
Among the projects using the Vietnamese Government's aid capital for the Lao Government, there are 2 projects that strive to be completed in 2025. For the 5 projects under implementation, 4 projects are expected to be completed in 2026 and 1 project has been completed.
Of the 4 projects preparing for implementation, 3 projects are expected to be completed in the period from 2027-2029 and 1 project strives to be completed in 2026. The two sides are actively exchanging to complete procedures and report to competent authorities for approval of 3 investment preparation projects.
The Deputy Prime Minister requested the Ministry of Construction to study the implementation of the railway line. The Ministry of Industry and Trade continues to discuss with the Lao side to review the feasibility of gasoline warehousing and report and propose if there is a more suitable solution; consider increasing the scale of electricity purchases in Laos and adjusting the import-purpose electricity price framework in Laos in the direction of encouraging and supporting private enterprises to invest in expanding transmission lines.
The Ministry of Finance shall preside over and coordinate with ministries and agencies to study the feasibility of the route from Vientiane to Thanh Thuy and Phu Tho and report to the Government; urgently allocate funds to build the Laos - Vietnam Friendship Hospital.
"Aim to inaugurate the Laos - Vietnam Friendship Hospital and the Laos - Vietnam Friendship Park on December 19, when the whole country will start construction and inaugurate a series of projects," the Deputy Prime Minister emphasized.
The Deputy Prime Minister assigned the Ministry of Finance to prepare a comprehensive report to submit to the Government, send it to the Central Office to report to the Politburo on the implementation situation, difficulties, and obstacles and propose solutions for Vietnam - Laos cooperation projects.
