The Lao Consulate General in Ho Chi Minh City on June 28 held a conference to introduce the Lao market investment and promote trade and tourism in Ho Chi Minh City.
The Lao Consulate General in Ho Chi Minh City on June 28 held aconference to introduce the Lao market investment and promote trade andtourism in Ho Chi Minh City.
Laos’ investment policy is improved,demonstrating transparency and openness, General Consul SouthidethPhommalat said at the event, which was co-organised by the Ho Chi MinhCity Investment and Trade Promotion Centre (ITPC).
Vietnamesebusinesses that plan to invest in Laos should study the country’s laws,policies, administrative procedures, tax and labour managementregulations, he added.
On the occasion, the ITPC introducedparticipants two programmes it plans to carry out in Laos. The centrewill organise the Ho Chi Minh City Investment, Trade and TourismExhibition 2013 from July 22-26 and a delegation to survey the Laobusiness environment from July 22-25.
The programmes prioritisebusinesses operating in the garments, cosmetics, household products,food, electronics and construction materials sectors.
Accordingto ITPC Director Pho Nam Phuong, two-way trade between Vietnam and Laosis estimated to reach 520 million USD in the first half of the year ,11.6 percent more than last year’s figure.-VNA
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