Vietnam-Laos Trade Fair opens to mark bilateral diplomatic ties
The 2017 Vietnam-Laos Trade Fair began at the Lao International Trade Exhibition and Convention Centre in Vientiane, Laos on June 29 to mark 55 years of diplomatic ties between the two countries.
A view at the 2017 Vietnam-Laos Trade Fair which began in Vientiane, Laos on June 29. (Photo: To Quoc)
Vientiane (VNA) – The 2017 Vietnam-Laos Trade Fair began at the Lao InternationalTrade Exhibition and Convention Centre in Vientiane, Laos on June 29 to mark 55years of diplomatic ties between the two countries.
Thsyear also marks the 40th anniversary of the signing of the Treaty ofFriendship and Cooperation between Laos and Vietnam.
Speakingat the opening ceremony, Vietnamese Deputy Minister of Defence Tran Don saidthe trade fair is a significant socio-economic and political activity inVietnam’s trade promotion programme.
Theevent aims to strengthen friendship and cooperation between the people ofVietnam and Laos and help Vietnamese enterprises seek partnerships and expandtrade with their peers from Laos, Don noted.
Thefair features 320 booths set up by exhibitors from Vietnam and Laos. Some 120of them are run by 90 Vietnamese firms, showcasing high-quality goods in thefields of textiles and garments, footwear, agroforestry products, seafood,handicrafts, processed food, electricity-electronics, mechanics, chemicals,construction and building materials, agriculture, fertilisers, pesticides,livestock feed, plant seeds and more.
Photosare on display to showcase the long-standing relations between the people ofthe two nations. Some show Vietnam’s military working to develop the country’seconomy.
Awebsite for trade between Vietnam and Laos was also launched during the fair,aiming to provide information on the two countries’ regulations and policies oneconomics, trade and industry as well as trade promotion activities.
Additionally,there will be a workshop to provide information on the Vietnam – Laos FreeTrade Agreement and border trade agreement and a meeting between businessesfrom Hanoi and Vientiane.
Thisevent is organised by the Lao Ministries of Industry and Commerce and NationalDefence and Vietnamese Ministries of Industry and Commerce and NationalDefence.-VNA
The 2014 Vietnam – Laos Trade Fair kicked off in Vientiane, Laos, on July 3 with the aim of helping Vietnamese businesses expand the distribution network here, paving the way for their goods to Thailand’s northeastern region.
The 2015 Vietnam-Laos trade fair will be held in Pakse city, Champasak province, Laos from December 22-27, the Sai Gon Giai Phong (Liberated Saigon) newspaper reported.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.