VOV.VN - Vietnam and Laos have agreed to step up efforts to raise bilateral trade to US$10 billion while accelerating strategic connectivity projects, as both sides seek to deepen economic cooperation and strengthen long-term development links.

The Vietnam - Laos Trade Fair 2024 (VIETLAO EXPO), the largest annual trade promotion event co-hosted by the two countries’ Ministries of Industry and Trade, is being held in Vientiane from July 25 to 29.

VOV.VN - Vietnam’s trade turnover with Laos trade turnover during the first quarter of the year surged by 12% against the same period from last year to reach more than US$476 million, according to statistics released by Vietnam Trade Office in Laos.

VOV.VN - Vietnam - Laos trade turnover in January grew strongly, rising by 75.8% to reach US$174.4 million compared to the same period from last year.

VOV.VN - Vietnamese commodities exported to Laos rose 10.4% last year to hit US$656.4 million, of which petroleum exports brought in US$125.4 million, up 439%, according to the Vietnamese Trade Office in Laos.

VOV.VN - Vietnam and Laos will work closely to introduce solutions aimed at increasing two-way trade by 10 - 15% this year compared to 2022’s figure.

VOV.VN - The Vietnam - Laos Trade Fair 2022 kicked off in the Lao capital of Vientiane on November 3 with the aim of strengthening friendly ties and trade exchanges between the two countries.

VOV.VN - Bilateral trade between Vietnam and Laos have developed vigorously in recent times despite the COVID-19 impact, and both sides have more room to foster their trade in the time ahead.