Laos - Vietnam, trade growth (Sylodium, Free Import-Export directory)

Laos and Vietnam will strive for a 20 percent increase in bilateral trade after senior officials of the Vietnam-Laos commissions met in Vientiane, according to state-run daily Vientiane Times. During two days of meetings concluding Tuesday, officials from the two sides reached a consensus about the growth target and discussed measures that would act to drive the growth.

Bilateral trade between Laos and Vietnam for the first 10 months of 2013 reached 817 million U.S. dollars, up 13 percent on the previous year. Additionally Vietnamese businesses have invested in approximately 412 projects in Laos totaling some 5 billion dollars, making Vietnam the country's second largest foreign investor.

Since the start of the year, the Lao government has approved 12 projects from investors in Vietnam encompassing fields from banking to hydropower, mining and agriculture.

Sylodium (international trade directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Vientiane (Laos) - Hanoi (Vietnam) or any city around the World.