The State Bank of Vietnam (SBV) and the Bank of the Lao PRD (BOL) held a conference on September 17 to share experience in macro-economy management, particularly in the finance-banking area.
The Lao Viet Joint Venture Bank (LaoVietBank) has become a bridge connecting the economies of Vietnam and Laos over the past years and a symbol of the bilateral special friendship.
The Vietnamese community in Laos continued to raise funds in support of local residents hit by the collapse of Sepien-Senamnoi hydropower dam on July 23.
Vietnamese businesses have invested in 23 projects totaling 123.62 million USD in other countries in the first quarter of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The State-run Bank for Investment and Development of Vietnam (BIDV) has become a trustful investor in Laos and an example of bilateral cooperation development, a Lao senior official said.
A ceremony was organised in Vientiane, Laos on June 18 to mark the 16th
founding anniversary of the Laos-Viet Joint Venture Bank (June 22) and
the seventh founding anniversary of the Lao-Viet Insurance (LVI)
Company (June 21).
The Bank for Investment and Development of Vietnam (BIDV) and
LaoVietBank, a joint venture between BIDV and Laos’ BCEL, will finance
the construction of a five-star hotel and office complex in the Lao
capital of Vientiane.
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