HCM City trading, tourism and investment exhibition held in Laos

Secretary of Ho Chi Minh City Party Committee, Le Thanh Hai, municipal officials and businesses joined in a trading, tourism and investment exhibition and seminars in Laos’ Vientiane on April 7.

Vietnamese products are introduced to Lao enterprises. (Photo: Sggp)

The event, which was organized by the Investment and Trade Promotion Center of Ho Chi Minh City, was attented by Lao Deputy Prime Minister Somsavat Lengsavat, Lao leaders and 350 enterprises, including 40 Vietnamese busineses.

The exhibition is part the delegation of HCM City high ranking officals’visit in Laos and Cambodia from April 6-11.

Mr. Somsavat Lengsavat said that Vietnamese enterprises ranked third among foreign investors in Laos, with 421 projecst worth US$3,393 million.

Connecting markets in the region is the government's main priority. Lao authorities are focusing on improving infrastructure and offering a free trading and investment environment to call for foreign investment, he affirmed.

Ho Chi Minh City and Laos have a great cooperation potential on tourism. Mr. Le Thanh Hai emphasized that Ho Chi Minh City will always creates advantges for Lao investors.

On the same day, the delegation paid a courtesy visit to President of the Lao People's Democratic Republic, Choummaly Sayasone.

The President highly appreciated the HCM City delegation’s visit. He said that the visit will strengthen traditional relationship and comprehensive cooperation between Vietnam and Laos.

By Hong Hiep – Translated by Kim Khanh

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