Laos-Vietnam trade value hits US$1.47 billion

“The value of two-way trade between Laos and Vietnam reached US$1.47 billion in the first seven months of 2026, as the two countries made progress on road, railway and energy links to boost their economic growth.”

“Laos exported goods worth about US$1 billion to Vietnam during the period, while imports from Vietnam amounted to US$420 million.”

“The figures were cited at the 2026 mid-term meeting of the Laos-Vietnam and Vietnam-Laos Joint Cooperation Committees, according to the Ministry of Finance…”

“Particular attention was paid to strengthening economic links through infrastructure projects. The two sides agreed to pursue development of the Vientiane-Hanoi Expressway and Vientiane-Vung Ang Railway, along with warehouse and oil pipeline projects and cross-border electricity trading.”

“Research into the proposed 500kV transmission line linking Laos and Vietnam is also continuing as the two countries seek to strengthen energy connectivity.”

“Priority will be given to strengthening cooperation in politics and foreign affairs, creating favourable conditions for major investment projects by Vietnamese enterprises in Laos, accelerating strategic infrastructure connectivity and further increasing bilateral trade.”

https://www.vientianetimes.org.la/freefreenews/freecontent_166_Laos_Vietnam_y26.php

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