HANOI, Nov 26 (Vietnam News/ANN): Vietnam and Laos expect to achieve at least US$2 billion in two-way trade in the near future, given that the figure surged 28.2% annually to US$1.4 billion in ten months of this year, heard a forum held in Vientiane on Friday night (Nov 25).
Speaking at the event, Somvixay Vongthilath, Deputy Director of Trade Promotion Department under the Lao Ministry of Industry and Commerce (MIC), said the event offers a chance to listen to concerns of businesses and review the efficiency of existing cooperation frameworks to fine-tune policies, mechanisms and laws, thus helping firms improve their production and export capacity, even export to the third country.