Two-way trade between Vietnam and Laos is estimated at US$1.3 billion in 2021, a year-on-year rise of 30.3%, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.

The special Vietnam - Laos friendship has been growing unceasingly across the board in the recent past, including in trade, which has been developing in an increasingly substantive manner.

Laos-Vietnam trade growth in 2020 is unlikely to meet the target of 10-15 % due to COVID-19, according to an article published by the Vientiane Times on September 4.