- Politics

Hanoi Party Secretary visits Lao-Viet Bank

Politburo member of the Communist Party of Vietnam and Secretary of the Party Committee of Hanoi Dinh Tien Dung visited the Lao-Viet Joint Venture Bank (Lao-Viet Bank), Vientiane on April 5.

The visit was part of Dung’s working visit to Laos between Apr 3 and 5.

The Vietnamese official was welcomed by General Director of Lao-Viet Bank Nguyen Duc Vu who also briefed him about the business operation of the commercial bank since its establishment in 1999.

LVB was founded in 1999 as a joint venture between the Bank for Investment and Development of Vietnam (BIDV) and the Banque Pour le Commerce Exterieur Lao Public (BCEL).

Dung spoke highly of the achievements made by the LVB, and its fulfillment of goals set by the two Parties and two governments of Laos and Vietnam as well as its efforts to overcome challenges and difficulties amid the Covid-19 pandemic.

He also urged the bank to continue to contribute to the socio-economic development of the Lao PDR

Source: Lao News Agency