Vice Governor of Savannakhet Saensak Soulisak highlighted the exhibition’s role in expanding trade collaboration, enabling businesses to connect, share experience, and explore investment prospects. He also noted its significance in promoting local products to a wider market.
The 5th Exhibition of Ho Chi Minh City and Friendship Provinces and Cities in Savannakhet takes place from April 2 to 6. (Photo: VNA)
Vientiane (VNA) – The 5th Exhibition of 🐻Ho Chi Minh City and Friendship Provinces and Cities in Savannakhet is being held from April 2 to 6, serv⛄ing as a platform for boosting trade and investment cooperation between Vietnam and Laos.
At the opening ceremony, Nguyen Tran Phuong Tran, deputy head of Ho Chi Minh City’s National Assembly deputy delegation, emphasised the event’s critical significance in fostering partnerships between localities of both nations. She expressed her confidence that the active engagement of businesses will unlock new opportunities and drive sustainable economic growth.
Vice Governor of Savannakhet Saensak Soulisak highlighted the exhibition’s role in expanding trade collaboration, enabling businesses to connect, share experience, and explore investment prospects. He also noted its significance in promoting local products to a wider market.
Delegates visit booths at the expo. (Photo: VNA)
This year’s expo featured around 250 booths and attracted over 50 enterprises from seven Lao provinces, along with Vietnamese businesses from Australia, Thailand, Laos, and Cambodia. More than 130 companies from Vietnam’s Quang Binh, Quang Tri, Long An and Gia Lai provinces, and Ho Chi Minh City showcased an array of products, including handicrafts, jewelry, wooden furniture, home décor, agricultural goods, and food.
A key highlight of the event was the Laos-Vietnam Trade and Investment Promotion Conference, designed to facilitate business networking, discussions on investment policies, and insights into priority sectors. The conference is expected to pave the way for enhanced trade and investment cooperation, further deepening the Vietnam-Laos special friendship./.
Secretary of the Party Committee in the central province of Thua Thien-Hue Le Truong Luu on September 5 held a working session with a high-ranking delegation of Laos' Savannakhet province led by its Governor Bounchom Oubonpaseuth.
Vietnam's central province of Quang Binh and Savannakhet province of Laos agreed to boost cooperation in various areas during talks between Secretary of the Quang Binh Party Committee Vu Dai Thang and Bounchom Oubonpaseuth, Governor of the Lao province on August 29.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
