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Lao Deputy PM calls for higher Vietnam-Laos trade
Laos and Vietnam should achieve bilateral trade of US$1 billion next year, the visiting Lao Deputy Prime Minister Somsavat Lengsavad said, calling for cooperation between companies in the two countries.
It was worth $450 million last year.
He was speaking while visiting Vissan Limited Company on June 17 along with 14 entrepreneurs who have accompanied him on his visit to the city.
The food company has signed agreements with some Lao counterparts to develop distribution networks in Laos.
Vietnam is set to export high-quality processed foods to neighboring country and import pork and beef.
Vissan will also help the Lao companies develop livestock breeding and butchery and build a slaughterhouse and foodstuff processing plant in Laos.
On the same day, the visiting delegation also went to the Dong Nghi pig breeding farm and Saigon Dairy Cattle Company in An Hoa village, Cu Chi District.
Sai gon giai phong
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