Trade Office works to boost commercial ties with Laos amid COVID-19

The Vietnamese Trade Office in Laos has undertaken an array of measures to support Vietnamese exporters amid the declining trade revenue between the two countries in the first half of this year.
Trade Office works to boost commercial ties with Laos amid COVID-19 ảnh 1At Lao Bao international border gate (Photo: VNA)
Vientiane (VNA) - The Vietnamese TradeOffice in Laos has undertaken an array of measures to support Vietnameseexporters amid the declining trade revenue between the two countries in thefirst half of this year.

Trade Counsellor at the Vietnamese Embassy in Laos LeThi Phuong Hoa told the Vietnam News Agency (VNA) that the office has regularlysent lists of Vietnamese exporters to relevant Lao agencies.

Those agencies then inform local enterprises that areseeking Vietnamese goods, Hoa said.

The office has also worked with businesses to address difficultiesin goods transportation while coordinating with the Lao Ministry of Industryand Commerce to put forth mechanisms in support of companies.

According to the Counsellor, demand in Laos forproduction and construction materials and consumer goods has fallen significantlydue to the impact of COVID-19.

The pandemic has also obstructed goods transportationand trade promotion activities, she added.

As a result, trade between Vietnam and Laos in thefirst half of this year was down 14.6 percent year-on-year, reaching just 491.7million USD.

Vietnam imported goods from Laos worth 214.85 millionUSD, down 6.1 percent against the same period last year, while exporting 276.85million USD worth of goods to the neighbouring country, down 20.2 percent./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.