PM Le Minh Hung’s Laos visit to deepen strategic cohesion for future development
VOV.VN - Vietnamese Prime Minister Le Minh Hung’s official visit to Laos on October 8–9 is expected to give fresh momentum to the “great friendship, special solidarity, comprehensive cooperation and strategic cohesion” between the two countries, with stronger economic connectivity emerging as a key driver of future development.
Prime Minister Le Minh Hung’s visit, at the invitation of Lao Prime Minister Saleumxay Kommasith, comes at an important juncture for Laos as the country begins implementing the directions set out at the 12th National Congress of the Lao People’s Revolutionary Party and moves into a new development phase. In this context, the visit underscores Vietnam’s continued support for Laos and the high priority Hanoi attaches to the special relationship between the two countries. It also comes at a pivotal moment as both countries seek to translate their strong political trust and traditional friendship into more practical and effective cooperation.
From political trust to strategic economic connectivity
The relationship between Vietnam and Laos is rooted in a special bond that has been strengthened through regular high-level exchanges, cooperation between the two Parties and the meetings of the Vietnam–Laos Intergovernmental Committee.
Defence and security cooperation remains an important pillar, while economic, trade and investment ties are increasingly gaining prominence as the two countries aim to build stronger strategic connectivity.
For landlocked Laos, closer links with Vietnam can help expand access to regional and international markets. Vietnam, with its open economy and transport links to the sea, can provide an important gateway for Lao goods and businesses.
This makes connectivity in transport, logistics, energy and telecommunications more than a matter of infrastructure. It can help create a more integrated economic space in which Laos plays a stronger role in regional transit and supply chains, while Vietnamese businesses gain additional opportunities to expand their operations.
The two sides are therefore looking to improve the movement of goods and strengthen links between their economies, turning geographical proximity into a more substantive development advantage.
Raising trade and investment to a new level
Bilateral trade has reached around US$1.3 billion, but the figure remains modest compared with the potential of the two economies.
The two countries have set an ambition of raising bilateral trade to US$5 billion and eventually towards US$10 billion. Reaching those targets will require more than stronger political commitments. It will depend on removing administrative barriers, improving connectivity and creating conditions for goods, investment and businesses to move more efficiently across the border.
The challenge also presents an opportunity to make economic cooperation more substantive, particularly in areas where the two economies can complement each other.
Stronger infrastructure links, improved logistics and expanded energy and telecommunications cooperation could provide the foundations for new production and trade networks, helping businesses from both countries participate more deeply in regional markets.
Aligning development priorities and regional cooperation
The visit also provides an opportunity for the two governments to exchange views on regional and international issues of shared concern.
Vietnam and Laos have a common interest in maintaining a peaceful and stable environment in Southeast Asia and strengthening coordination through ASEAN, the United Nations and Mekong subregional cooperation frameworks.
As Laos pursues reforms to strengthen macroeconomic stability, improve the investment and business environment and support growth, Vietnam’s continued engagement can contribute to the broader process of turning political trust into practical development cooperation.
The strategic cohesion between Vietnam and Laos therefore extends beyond traditional diplomatic ties. By connecting infrastructure, markets and development priorities, the two countries can create new space for businesses and communities on both sides to benefit from closer integration.
Prime Minister Le Minh Hung’s visit to Laos comes against that backdrop, offering an opportunity to translate the longstanding special friendship between the two countries into more concrete, effective and sustainable results.