Business

Vietnam helps Laos develop irrigation system

Construction on the 290 billion VND (12.6 million USD) Xieng Vang irrigation project, funded by Vietnam's non-refundable aid, began in Nongbok district, Khammoune province of Laos on April 7.
Vietnam helps Laos develop irrigation system ảnh 1At the event. (Photo: VNA)

Vientiane (VNA) – Constructionon the 290 billion VND (12.6 million USD) Xieng Vang irrigation project, funded by Vietnam's non-refundable aid, began in Nongbok district, Khammoune province of Laos on April 7.

Speaking at thegroundbreaking ceremony, Governor of Khammoune province Vanxay Phongxavan, said theproject will makea significant contribution to local socio-economic development,especially in four villages in Nongbok district, which will have water for agricultural production all year round insteadof only in the rainy season as before.

The governor thanked theleaders of the two parties and the Governments of Laos and Vietnam for alwayscaring for and helping the government and people of  Khammoune during the past years.

The Xieng Vang irrigation project will supply water for 500 hectares of crops in four villages, including XiengVang where President Ho Chi Minh used to live in late 1920s. It is slated for completionin October 2024./.

VNA
#Xieng Vang #irrigation project #non-refundable aid #water #Vietnam Plus #Vietnam News Agency Laos
Follow VietnamPlus

Related News

Vietnam, Laos tighten bilateral relations

Vietnam, Laos tighten bilateral relations

Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien hosted a reception in Hanoi on April 5 for Lao Deputy Ambassador to Vietnam Chanthaphone Khammanichanh, during which he appreciated defence cooperation between the two countries, especially between their military regions and border guard forces.

See more

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.

Deputy Minister of Finance Do Thanh Trung speaks at the ceremony (Photo: VNA)

Project to advance growth, innovation, leadership for enterprises kicks off

AGILE is not only a testament to the long-standing and trusted strategic partnership between Vietnam and Canada, but also an important contribution to the Vietnamese Government’s efforts to promote innovation and sustainable growth within the private sector, thereby effectively mobilising private investment to realise inclusive and sustainable development goal.

At Regza Vietnam Electronics Co., Ltd. in Dong Nai province. (Photo: VNA)

FDI disbursement in January hits five-year high

Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.

In Q1 2026, Vietnam records 16 export commodities with turnover exceeding 1 billion USD. (Photo: VNA)

Exports face stiff test in bid to hit 550 billion USD

To achieve export growth of over 15% as directed by the Government, the MoIT said it will prioritise a set of core measures in 2026, including expanding production capacity, developing new export products, increasing domestic content and value added, accelerating the shift from processing to manufacturing, and proactively addressing trade barriers and defence measures.

Illustrative photo (Photo: VNA)

January CPI rises on stronger Tet holiday demand

CPI in January 2026 rose 0.05% month-on-month, with urban areas up 0.02% and rural areas up 0.09%. Of the 11 major commodity and service groups, nine recorded price hikes while two saw declines.

Vietnam is currently Cambodia’s third-largest trading partner worldwide, after China and the US, and its largest trading partner within ASEAN. (Photo: Ministry of Industry and Trade)

Party chief’s Cambodia visit to open up new phase of deeper, closer cooperation

To further unlock the potential of bilateral economic and trade cooperation, Vietnam and Cambodia should continue reviewing and effectively implementing signed agreements, facilitating trade and border connectivity, strengthening trade promotion in complementary sectors, reforming administrative procedures, upgrading border and logistics infrastructure, and enhancing coordination in combating smuggling and trade fraud.

Investors monitor stock market movements at the HoSE trading floor. (Photo: VNA)

VNX, FTSE Russell discuss Vietnam market upgrade

During the working session, the two sides shared updates on the performance of Vietnam’s stock market in 2025, focusing on market capitalisation, index trends, developments in the equities, bond and derivatives segments, and the continued expansion of the investor base.