Mutual support needed to help Vietnamese firms in Laos remove hurdles

TIN LIÊN QUAN
	UK, US media highlight British pilot’s hospital discharge after defeating coronavirus
	No local COVID-19 infections seen in Vietnam for 88 days

Vietnamese Ambassador to Laos Nguyen Ba Hung speaks at the talk. (Photo: VNA)

A focus of attention at the event was the Lao Government’s financial and banking policies to support pandemic-hit enterprises and workers.

Speaking at the function, Vietnamese Ambassador to Laos Nguyen Ba Hung said the Lao Government has carried out drastic measures to prevent and control the pandemic and mitigate its influences on the local socio-economy.

Vietnamese businesses here have faced various difficulties, he said, adding that their operations were stalled with unstable human resources and material sources.

The number of Vietnamese projects in Laos remains at 413 with total value at 4.22 billion USD.

Mekong-Japan Ministerial Conference discusses COVID-19 response

Hung recommended Vietnamese firms proactively seek ways to adapt to the new conditions and prepare for post-pandemic production and investment, suggesting they change management styles, apply new technologies, and seize opportunities from the host country’s major infrastructure projects, which are about to be completed.

Nguyen Van Binh, General Director of LaoVietBank and head of BIDV’s representative office in Laos, said Laos has issued various financial and banking policies and run a number of preferential loan packages to help enterprises during this difficult time.

Participating firms proposed the Lao Government allow entry of Vietnamese workers and clear hurdles to goods transport.

The talk was jointly held by the Vietnamese Embassy and the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI).

More than 240 Vietnamese citizens in Singapore repatriated A special flight carrying more than 240 Vietnamese citizens from Singapore landed at the Da Nang International Airport on Saturday, according to the Ministry of Foreign ...

Africa remains potential market of Vietnam post-COVID-19 pandemic: Trade official With a population of 1.3 billion, Africa will still be a market of good potential for Vietnam after the COVID-19 pandemic, according to Vietnamese Trade ...

Prime Minister requests to promptly bring citizens home amid COVID-19 Prime Minister Nguyen Xuan Phuc requested ministries and relevant departments to actively bring home Vietnamese citizens who are stranded abroad, at a working session with ...