Nearly 100 businesses of Vietnam and Laos gathered at a conference in Vientiane on June 29 to seek partnership opportunities, an activity within the framework of the Laos-Vietnam Trade Fair 2018.
The business-to-business conference was held by the Vietnam Association for Women Entrepreneurs (VAWE) and the Vientiane Businesswomen’s Association.
Opening the event, Chairwoman of the Hanoi Small and Medium Enterprises Association Mai Thi Thuy, who is also a member of the VAWE Executive Board, said this is the fifth time the VAWE has taken part in Laos-Vietnam trade fairs and organised meetings between the two countries’ businesses.
About 40 percent of Vietnamese companies participating in the four previous trade fairs successfully sought partners or received orders from the Lao side, which has growing demand for high-quality goods of Vietnam.
The VAWE’s participation in this year’s trade fair aims to learn more about the local market and look for cooperation with Lao enterprises to open distribution agents for Vietnamese goods in Laos, Thuy said.
She asked participating businesses to straightforwardly share information about their firms and demand and suggest suitable cooperation methods to form as many business partnerships as possible, thereby helping to enhance the countries’ economic links as well as special friendship and solidarity.
At the conference, tens of Vietnamese and Lao companies introduced their strong products and goods they have selling or buying demand for. They also showed their need for partnership in goods distribution and production.
Six cooperation agreements were signed at the event, focusing on goods distribution, tourism, hospitality and services.
The organising board predicted that many more cooperation deals will be inked at the official opening ceremony of the Laos-Vietnam Trade Fair 2018 on June 30.
Themed “Cooperation, friendship and development”, the fair is taking place at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC) in Vientiane from June 28 to July 2. It attracts more than 120 businesses and units of Vietnam and Laos.