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Vietnam, Laos, Thailand boost trade, investment
Vietnam, Laos and Thailand put forth measures to effectively use Roads No.8 and 12 in order to boost their trade, investment and tourism ties at a meeting in the central province of Quang Binh from August 29-30.
Officials from the three countries agreed to propose issuing regulations to facilitate goods circulations among border provinces and speed up investment in infrastructure to connect Vietnam’s National Road No.8A with Laos’ Road 8, thus helping link Thai northeastern provinces, Laos and Vung Ang Port in Ha Tinh province with China, the Republic of Korea and Japan .
They also agreed to suggest Laos’ Bolikhamsay province build a cultural centre in Lak Sao town with the aim of boosting cultural and sport exchange activities, especially on the three countries’ major anniversaries.
On the occasion, nearly 120 businesses from Vietnam, Laos and Thailand took part in a conference to promote investment in Quang Binh province, which called for investment in such areas as tourism, industry, mining, energy and shipbuilding.
Earlier on August 28, an international trade fair opened in Quang Binh featuring products of Laos’ Kham Muon, Savanakhet and Bolikhamsay provinces, Mucdahan, Sakon Nakhon and Nakhon Phanom provinces of Thailand and Vietnam’s Quang Binh, Ha Tinh and Nghe An provinces.
The fair, which aims to promote the three countries’ trademarks, will last until September 2.
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