On the basis of the sound political relations, economic and investment cooperation has always been a bright spot in the special ties between Vietnam and Laos.
The Vietnamese community in Laos has joined hands with Lao authorities and people to overcome the current COVID-19 outbreak by raising fund and donating cash, necessities and medical supplies to the host country.
Two Vietnamese businesses in Laos presented support in both cash and kind worth 370,000 USD to representatives of the Lao Government on April 6 to help with the host country’s fight against COVID-19.
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 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).