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 Somxay Sanam Oune, Lao Consul General in HCM City (Photo: VNA)

 
HCM City (VNA) – 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.

Somxay Sanam Oune, Lao Consul General in HCM City, said nearly 140 products made by Lao enterprises will be displayed at 100 booths, including specialties, processed food, medicinal herbs and handicrafts, among others.

The Lao diplomat stressed that Lao companies consider Vietnam and HCM City in particular as an important market, and they expected that trade promotion and good exchange activities will be held more regularly in the coming time.

Pham Thiet Hoa, Director of the HCM City Investment and Trade Promotion Centre, said the event is of great significance, helping to promote trade and bring Lao products closer to Vietnamese customers.

To facilitate trade exchanges between Vietnamese and Lao businesses, HCM City-based export firms will also showcase their products at 40 pavilions, he added.

In 2017, two-way trade 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 4 billion USD by 2020.-VNA