The 11th Vietnam-Laos border trade development cooperation conference opened in Dong Hoi city, central Quang Binh province on September 27 (Photo: VNA)Quang Binh (VNA) – The 11th Vietnam-Laosborder trade development cooperation conference opened in Dong Hoi city,central Quang Binh province on September 27.
Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh said the eventaims to discuss ways to boost cross-border trade between Vietnam and Laos,towards stability, sustainability and effectiveness and in line with the twocountries’ special neighbourliness and the current regional and globalsituation.
Since the previous conference, the two countries have seen new steps ofdevelopment in their trade relations, and cross-border trade in particular, hesaid
In 2017, trade turnover between the two countries reached nearly 936 millionUSD, up 13.6 percent from the previous year. In the first eight months of thisyear, bilateral trade rose 12.9 percent to nearly 656 million USD.
In recent years, Vietnam and Laos have signed numerous trade agreements andmemorandums of understanding in investment, transport, defence-security,agriculture, creating legal basis for promoting their economic and trade ties,Khanh stressed.
Bounmy Manivong, Deputy Minister of Industry and Trade of Laos, said the import-exportdepartments of Vietnam and Laos have worked closely to organise fact-findingtrips at some border gates in order boost, encourage and facilitate tradedevelopment.
He suggested Vietnam and Laos discuss and reach consensus on policies andregulations to facilitate the development of border trade, while payingattention to developing trade infrastructure, border markets, and workingtogether to address related issues.
The two sides need to coordinate to expand the scale of border goodsexhibition, organise meetings to share experience, while creating conditionsand opportunities for meeting, exchange and cooperation between the twocountries’ businesses, he added.
At the conference held by Vietnam’s Ministry of Industry and Trade and theMinistry of Industry and Trade of Laos, participants reviewed outcomes andshortcomings in border trade activities while discussing measures to easedifficulties such as import-export licenses, administrative procedure, and transportand trade infrastructure in border gate areas.
Within the framework of the conference, a display area for the products of theprovinces along the Vietnam - Laos border was opened in Dong Hoi on September26.
Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh said the eventaims to discuss ways to boost cross-border trade between Vietnam and Laos,towards stability, sustainability and effectiveness and in line with the twocountries’ special neighbourliness and the current regional and globalsituation.
Since the previous conference, the two countries have seen new steps ofdevelopment in their trade relations, and cross-border trade in particular, hesaid
In 2017, trade turnover between the two countries reached nearly 936 millionUSD, up 13.6 percent from the previous year. In the first eight months of thisyear, bilateral trade rose 12.9 percent to nearly 656 million USD.
In recent years, Vietnam and Laos have signed numerous trade agreements andmemorandums of understanding in investment, transport, defence-security,agriculture, creating legal basis for promoting their economic and trade ties,Khanh stressed.
Bounmy Manivong, Deputy Minister of Industry and Trade of Laos, said the import-exportdepartments of Vietnam and Laos have worked closely to organise fact-findingtrips at some border gates in order boost, encourage and facilitate tradedevelopment.
He suggested Vietnam and Laos discuss and reach consensus on policies andregulations to facilitate the development of border trade, while payingattention to developing trade infrastructure, border markets, and workingtogether to address related issues.
The two sides need to coordinate to expand the scale of border goodsexhibition, organise meetings to share experience, while creating conditionsand opportunities for meeting, exchange and cooperation between the twocountries’ businesses, he added.
At the conference held by Vietnam’s Ministry of Industry and Trade and theMinistry of Industry and Trade of Laos, participants reviewed outcomes andshortcomings in border trade activities while discussing measures to easedifficulties such as import-export licenses, administrative procedure, and transportand trade infrastructure in border gate areas.
Within the framework of the conference, a display area for the products of theprovinces along the Vietnam - Laos border was opened in Dong Hoi on September26.
There are 22 booths from 40 enterprises of Vietnam andLaos, including 11 booths of Lao enterprises with wooden products, homeappliances, electronics, rubber products, rice and sugar. Meanwhile, the 11Vietnamese booths exhibit cassava starch, pepper, curcumin powder, sweetpotato, peanut oil, citronella oil, coffee, medicinal herbs, clean vegetablesand Phuc Trach pomelo.
Vietnam-Laos borderline stretches as far as nearly 2,337 kilometres, through tenVietnamese and ten Lao provinces.-VNA
Vietnam-Laos borderline stretches as far as nearly 2,337 kilometres, through tenVietnamese and ten Lao provinces.-VNA
VNA
