Vietnam, Laos effectively implement bilateral cooperation agreements

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The mid-term meeting of the Vietnam – Laos Cooperation Committee in 2026 was held in Da Nang on Thursday.

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An overview of the meeting. Photo: NGOC HA

According to a report presented at the meeting, the implementation of the Cooperation Plan in 2026 between Vietnam and Laos has broadly met its targets.

This significantly contributed to maintaining political stability, socio-economic development, national defense and security, as well as further consolidating the great friendship, special solidarity and comprehensive cooperation between the two nations.

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Vietnamese Minister of Finance Ngo Van Tuan, Chairman of the Vietnam – Laos Cooperation Committee (second from right), speaks at the meeting. Photo: NGOC HA

Moreover, political and diplomatic relations have continued to strengthen, while joint statements and high-level agreements between the two countries have been actively implemented.

Both sides have maintained information exchange, consultation, and close coordination at regional and international forums.

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Mr. Santiphab Phomvihane, Lao Deputy Prime Minister and Lao Minister of Finance, and Chairman of the Laos – Vietnam Cooperation Committee (center), at the meeting. Photo: NGOC HA

The two sides have implemented signed protocols and cooperation agreements, contributing to building a peaceful, stable, friendly, cooperative and developing Vietnam – Laos border.

Notably, economic and investment cooperation has recorded positive developments.

In the first seven months of 2026, Vietnamese businesses carried out 20 projects in Laos totaling US$638.3 million, 4.2 times higher than the figure recorded during the same period in 2025.

Laos remains Vietnam’s largest overseas investment destination, with 300 projects worth US$7.04 billion in total.

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