The Lao Consulate General in Ho Chi Minh City on June 28 held a conference to introduce the Lao market investment and promote trade and tourism in Ho Chi Minh City.
Laos’ investment policy is improved, demonstrating transparency and openness, General Consul Southideth Phommalat said at the event, which was co-organised by the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC).
Vietnamese businesses that plan to invest in Laos should study the country’s laws, policies, administrative procedures, tax and labour management regulations, he added.
On the occasion, the ITPC introduced participants two programmes it plans to carry out in Laos. The centre will organise the Ho Chi Minh City Investment, Trade and Tourism Exhibition 2013 from July 22-26 and a delegation to survey the Lao business environment from July 22-25.
The programmes prioritise businesses operating in the garments, cosmetics, household products, food, electronics and construction materials sectors.
According to ITPC Director Pho Nam Phuong, two-way trade between Vietnam and Laos is estimated to reach 520 million USD in the first half of the year , 11.6 percent more than last year’s figure./.