Business

Vientiane seeks trade augmentation with HCM City

Officials and entrepreneurs from Vientiane, Laos, had a working session with Ho Chi Minh City’s Investment and Trade Promotion Centre (ITPC) on September 13, aiming to boost bilateral trade.
Vientiane seeks trade augmentation with HCM City ảnh 1Visitors to the Vietnam-Laos trade fair in Vientiane in 2015 (Photo: VNA)

Hanoi (VNA) – Officials and entrepreneurs from Vientiane, Laos, had a working session with Ho Chi Minh City’s Investment and Trade Promotion Centre (ITPC) on September 13, aiming to boost bilateral trade.

Berlin Phetchantharath, Director of Vientiane’s department of industry and trade, said through this visit, the Lao delegation wants to guide development of trade with the Vietnamese southern hub and to help Vientiane businesses seek partnerships.

The Lao capital plans to develop its retail network and wants HCM City enterprises to build supermarkets and trade centres there, he added.

ITPC Deputy Director Ho Xuan Lam promised his centre will support Vientiane and HCM City companies in popularising Lao goods among local consumers.

In the short-term, the ITPC will use part of its showroom on the downtown street of Nguyen Hue for Lao firms to display products. It will also help the Lao side organise a pavilion at a high - tech agriculture and food processing fair (Hi - Tech Agro) which will be held in HCM City this November, he said.

Trade between HCM City and Laos exceeded 6 million USD in 2015, according to the Sai Gon Giai phong (Liberated Saigon) daily.-VNA

VNA
#retail network #Vientiane companies #Investment and Trade Promotion Centre Ho Chi Minh City Laos
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