Business

Vietnam, Laos talk financial management experience

Vietnam shared its experience in managing taxation, customs and treasury sectors with Laos at a high-level seminar in Vientiane on March 30.
Vietnam, Laos talk financial management experience ảnh 1Vietnamese Finance Minister Dinh Tien Dung speaks at the seminar (Photo: VNA)

Vientiane (VNA) – Vietnam shared its experience inmanaging taxation, customs and treasury sectors with Laos at a high-levelseminar in Vientiane on March 30.

Lao Deputy Prime Minister and Finance MinisterSomdy Duangdy said the event would look into Vietnam’s experience as well asshortcomings of and orientations for the management of the three sectors in thecountry. 

These are valuable to the Lao ministry as theywill contribute to local socio-economic development, he noted.

Vietnamese Finance Minister Dinh Tien Dung briefedparticipants of the development of the three sectors and the finance ministry’smanagement of the sectors, which, in his words, helped to regulate budget collectionand control budget spending at both central and local levels.

At the seminar, Vietnam’s financial officialsdiscussed and fielded questions and opinions about the taxation, customs andtreasury sectors raised by the Lao side.

Also on March 30, the delegation of Vietnam’sfinance ministry met with Lao Prime Minister Thongloun Sisoulith and held ameeting of the steering board for the two ministries’ cooperation.-VNA
VNA
#taxation #customs #Ministry of Finance Laos
Follow VietnamPlus

Related News

HCM City, Lao capital step up cooperation

HCM City, Lao capital step up cooperation

HCM City and Laos’ Vientiane capital city need to flesh out measures to boost their relations in trade, investment, culture and tourism, said Secretary of the City Party Committee Dinh La Thang.

See more

A refilling station of Petrolimex (Photo: VNA)

Import tariffs on certain fuel products reduced to 0%

Rising tensions in the Middle East, particularly the conflict involving the US, Israel and Iran, have significantly affected the global energy market, especially shipping activity through the Strait of Hormuz – a strategic route for transporting crude oil from the region.

Fishermen raise the national flag before heading out to the sea to affirm Vietnam’s sovereignty over its seas and islands. (Photo: VNA)

Dong Thap promotes IUU awareness from start of fishing season

Gia Thuan commune, located in the eastern part of the province, is a key fishing locality with 563 fishing vessels, including 423 offshore boats and 140 nearshore vessels, producing an average annual catch of over 42,970 tonnes of seafood.

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.