City pushes Laos investment

Saturday, Jul 27, 2013 14:15

Mazda Vietnam has been exported to Laos. Photo
HCM CITY (Biz Hub)— More than 100 Vietnamese and Lao enterprises took part in the HCM City – Champasak Investment – Trade – Tourism Promotion Conference and Exhibition held in the Lao City.

It was a joint effort by the two cities to improve the efficiency of economic co-operation to serve socio-economic development in these two nations.

HCM City has promoted economic co-operation with Champasak and many city firms have invested in Laos, but it has not been reciprocated.

Through the conference, the two nations hoped, Lao enterprises would find business opportunities in HCM City and appropriate partners to start business here.

"HCM City always welcomes and creates the most favourable conditions for Lao firms," Thai Van Re, director of the city Planning and Investment Department, said.

Also at the event, HCM City firms specialising in food processing, household plastics, agricultural products, electricity, and construction material industries displayed their products. —VNS

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