Vientiane (VNA) – The Vietnam Trade Office in Laos has upheld its role as a bridge connecting Vietnamese firms access the market.
Import-export tariffs have been basically removed in line with commitments in the ASEAN Economic Community, the Vietnam-Laos Trade Agreement and the Vietnam-Laos Border Trade Agreement.
Despite COVID-19, two-way trade between the two nations has maintained stable growth. Vietnam remains among the top three trade partners of Laos with annual two-way trade hitting 1.28 billion USD.
The office regularly works with Lao agencies at central and local levels to promote Vietnamese goods and national brands, Vietnam’s business policies and environment, and information about Vietnamese firms.
It has also coordinated with Lao agencies and enterprises to hold trade promotions.
The office is preparing for the Vietnam-Laos Trade Fair slated for November 3-7 in Vientiane. It has invited Vietnamese businesses to the That Luang Festival in December in Vientiane and the New Year Fair of the Mong ethnic people in Xieng Khouang province in December.
At the same time,ꩵ it is supporting the establishment of a direct Vietnamese goods distribution channel in Laos, instructing ജenterprises about legal procedures for corporate establishment in the host country; assisting them in the settlement of commercial disputes, and providing consultancy about diversification of goods in Laos./.
Vietnam always attaches great importance and gives high priority to strengthening the Vietnam-Laos-Cambodia traditional relations, affirmed National Assembly (NA) Chairman Vuong Dinh Hue.
Deputy Minister of National Defence Sen. Lt. Gen. Le Huy Vinh on October 24 received a delegation from the Lao Ministry of National Defence’s Office led by its head Lt. Gen. Saichay Commasit.
Minister of Natural Resources and Environment Tran Hong Ha and his Lao counterpart Bounkham Vorachit held talks in Hanoi on October 25 in a bid to strengthen the countries’ collaboration.
The Ministries of Public Security of Vietnam and Laos held a ministerial-level meeting in Hanoi on October 26 to review the implementation of their Memorandum of Understanding (MoU) on cooperation in drug prevention and control.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
At a port in Vientiane (Photo: VNA) 
