Ambassador Nguyen Ba Hung called on Vietnamese businesses in Laos to actively to find development direction suitable to the new situation. (Photo:

The event, organized by the Vietnamese Embassy in Laos, was attended by representatives of some 50 Vietnamese companies and agencies.

Vietnamese Ambassador to Laos Nguyen Ba Hung said that after initial success in controlling the COVID-19 epidemic, the Lao government has implemented a series of measures to promote investment, business and production to support businesses, including Vietnamese businesses. However, the two countries should further boost cooperation with the efforts of both sides.

He also called on Vietnamese businesses to increase support and solidarity among to help each other among the Vietnam Business Association for Cooperation and Investment in Laos. The association and its members were urged to change management mind to continue keeping up with development of the society and market.

At the seminar, Chief Representative of Bank for Investment and Development of Vietnam in Laos, General Director of Lao Viet Joint Ventrure Bank Nguyen Van Binh affirmed that the Bank of the Lao PDR has allowed the implementation of numerous policies in order to cope with negative effects of the COVID-19 epidemic, especially policies related to online payment.

Some issues related to macro policies or issues that need to be clarified in the near future were mentioned at the seminar./.