The Ministry of Public Works and Transportation and VietJet Airline have agreed to boost air transportation between Laos and Vietnam, which is predicted to create as much as 2,500 new jobs within the aviation sector.
The 2 sides signed an settlement on 11 July in Vientiane Capital, with VietJet set to collaborate with the Division of Civil Aviation of Laos on numerous aviation-related initiatives geared toward increasing air transport actions inside Laos. The airline additionally plans to determine its Upkeep Restore Overhaul (MRO) amenities in Laos, coaching the brand new workforce to fulfill worldwide aviation requirements.
This venture goals to supply reasonably priced flight choices and high-quality air providers for each Lao nationals and worldwide vacationers. Moreover, it’s anticipated to advertise socio-economic growth, commerce, tourism connectivity, and cultural change between Laos and its regional neighbors.
In the meantime, Laos’ Division of Civil Aviation will help these efforts by offering administrative, authorized, and facility help and coordinating with different businesses to make sure the venture’s profitable execution.
This collaboration is a part of a broader strategic cooperation between Vietnam and Laos, as outlined of their Memorandum of Understanding (MOU) on Strategic Cooperation in Transport for the 2016–2025 interval.
Vietnam is presently one among Laos’ largest buyers and buying and selling companions, with 255 funding initiatives totaling USD 5.5 billion. These initiatives, primarily within the transport, tourism, science, and know-how sectors, promote commerce exchanges, sustainable growth, and shared prosperity for Laos, Vietnam, and the broader area.
