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.-VNA