Vietnamese companies in Laos have proposed more regular meetings being held for both countries’ businesses to help them exchange experience and foster links towards realising the two-way trade target of 2 billion USD by 2015.

They raised the ideas at a meeting with Vietnamese Ambassador to Laos Nguyen Manh Hung in Vientiane on March 3.

Vietnam currently has 412 projects in Laos with a total registered capital of over 5 billion USD, being the third largest investor in the landlocked country.

In 2013 alone, Vietnamese enterprises invested in 12 new projects totalling 138 million USD, focusing on mining, hydropower, agriculture, construction, banking and insurance.

Ambassador Hung assured the businesspeople that he will come along with them while expressing his hope that they will stay proactive in implementing investment projects, promote unity and share information, contributing to developing the Vietnam-Laos special friendship and solidarity.-VNA