Business

Lao firms to display products in HCM City for first time

A large-scale trade event introducing products of Lao businesses, the first of its kind, will be held in Ho Chi Minh City from January 24-28, said a Lao official.
Lao firms to display products in HCM City for first time ảnh 1A large-scale trade event introducing products of Lao businesses, the first of its kind, will be held in Ho Chi Minh City from January 24-28, said Somxay Sanam Oune, Lao Consul General in HCM City (Photo: VNA)

 
HCM City (VNA) – A large-scale trade event introducing products of Laobusinesses, the first of its kind, will be held in Ho Chi Minh City fromJanuary 24-28, said a Lao official.

Somxay SanamOune, Lao Consul General in HCM City, said nearly 140 products made by Laoenterprises will be displayed at 100 booths, including specialties, processedfood, medicinal herbs and handicrafts, among others.

The Lao diplomatstressed that Lao companies consider Vietnam and HCM City in particular as animportant market, and they expected that trade promotion and good exchangeactivities will be held more regularly in the coming time.

Pham Thiet Hoa, Directorof the HCM City Investment and Trade Promotion Centre, said the event is ofgreat significance, helping to promote trade and bring Lao products closer toVietnamese customers.

To facilitatetrade exchanges between Vietnamese and Lao businesses, HCM City-based exportfirms will also showcase their products at 40 pavilions, he added.

In 2017, two-waytrade exceeded 900 million USD, a rise of 10 percent against the previous year.The two countries are striving to bring the bilateral trade turnover to 4billion USD by 2020.-VNA

VNA
#Vietnam-Laos #HCM City #trade event #Lao businesses #Lao Consul General in HCM City #trade promotion #good exchange activities #trade turnover #vietnamplus #Vietnam News Agency Ho Chi Minh City
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