Vietnamplus

Bilateral trade between Vietnam and Laos reached 99.2 million USD in January, a year-on-year decrease of 27.3%.

Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of the two countries.

Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year.

Despite impacts caused by COVID-19 pandemic and natural disasters in two years, two-way trade between Vietnam and Laos has regained its growth momentum, with the visit of Prime Minister Pham Minh Chinh and the 45th meeting of the Vietnam-Laos Inter-Governmental Committee expected to help promote sustainable development of bilateral ties.

Lao Deputy Prime Minister Sonexay Siphandone on December 13 said that the Lao Government will further support Vietnamese investors and expects more investing in Laos to increase the effectiveness of the two country’s economic cooperation.

Bilateral trade between Vietnam and Laos reached 1.36 billion USD in the first 10 months of 2022, up 28.3% year-on-year.

The Vietnam-Laos Trade Fair 2022 opened in Vientiane on November 3 as part of activities to celebrate the two countries’ friendship and solidarity year.

The Vietnam Trade Office in Laos has upheld its role as a bridge connecting Vietnamese firms access the market.

Trade turnover between Vietnam and Laos hit 1.22 billion USD in the first nine months of 2022, up 29% year-on-year.

Trade turnover between Vietnam and Laos hit 1.076 billion USD in the first eight months of this year, an increase of 27% compared to the same period last year.

Since the establishment of their bilateral diplomatic ties in 1962, Vietnam and Laos have promoted cooperation across spheres, with their trade exchange posting substantial growth, benefiting both countries.

The Vietnam – Laos Trade Fair 2022 (VIETLAO EXPO 2022) officially kicked off in Vientiane, Laos on August 25.

Two-way trade between Vietnam and Laos in the first half of 2022 increased by 20.6% year-on-year to 824 million USD, according to the Vietnam Trade Office in Laos.

The Lao market remains a destination of many Vietnamese investors as the two countries are neighbours and Laos recognises most of quality certifications from foreign exporting countries, according to Le Thi Phuong Hoa, Vietnamese Trade Counsellor in Laos.

Trade revenue between Vietnam and Laos in the first five months of this year stood at 690.6 million USD, up 21 percent year-on-year.

Since the establishment of their bilateral diplomatic ties in 1962, Vietnam and Laos have promoted cooperation across spheres, with their trade exchange posting substantial growth, benefiting both countries.

Two-way trade turnover between Vietnam and Lao topped 403 million USD in the first quarter of this year, up 19.2 percent over the same period last year, according to the Vietnamese Trade Office in Laos.

The 12th Vietnam - Laos border trade development cooperation conference was held in the Lao capital of Vientiane on April 11 under the co-chair of Vietnamese Minister of Industry and Trade Nguyen Hong Dien and his Lao counterpart Khampheng Xaysompheng.

Two-way trade between Vietnam and Laos is estimated at 1.3 billion USD in 2021, a year-on-year rise of 30.3 percent, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.

Two-way trade between Vietnam and Laos surpassed 947 million USD in the first nine months of 2021, up 28.2 percent year-on-year, according to the Vietnam Trade Office in Laos.