The Vietnam-Laos Trade Fair 2013 (VietLaoExpo) commenced in the Laocapital city of Vientiane on July 18 in a bid to realise the NationalTrade Promotion Programme 2013 and the cooperation agreement between thetwo ministries of industry and trade.
The350-pavilion fair features products made by both sides’ businesses,ranging from agro-forestry and aquatic products, processed food anddrinks to garments, electronic and consumer products, industrialmachines, construction materials, medical equipment, and woodenproducts.
More than 100 Vietnamese companies occupy 130 booths at the fair.
According to organisers, the five-day event serves as a bridge forVietnamese and Lao trade organisations, producers and investors to boostexperience sharing, technology transfer and investment cooperation.
It also offers an opportunity for Vietnamese firms to promote theirbrands, study the market and consumption demand, thus establishingdistribution networks in Laos and northeastern Thailand.
Through the event, the two ministries will promptly put forthappropriate policies to facilitate cooperation between both sides’enterprises in an effort to bring two-way trade to 2 billion USD by 2015and 5 billion USD by 2020.-VNA