24-05-2025
Laos convenes forum to promote regional economic cooperation
FILE photo. The HCMC delegation joined a forum held in Pakse, Champasak Province, Laos, which aims to promote investment, trade, and tourism among Vietnam, Laos, and Thailand, on April 10, 2023. - Photo: SGGP file
VIENTIANE: Representatives from the governments and businesses of Laos, Thailand, and Vietnam gathered in southern Laos' Sekong province on Friday (May 23) to strengthen economic cooperation, improve trade and international cargo transport, and enhance the region's competitiveness both regionally and globally.
They gathered for a forum on Trade, Investment, and Tourism Promotion Strengthening Cooperation in the East-West Corridor, Lao Economic Daily reported on Friday.
In his speech, Governor of Sekong province Leklai Sivilay emphasised the seminar's significance in strengthening the potential and capabilities of southern Lao provinces alongside their Thai and Vietnamese counterparts.
He highlighted the event's role in encouraging businesses from Thailand and Vietnam to explore investment and partnership opportunities in Laos.
The forum also facilitated knowledge exchange on socio-economic development and investment prospects, forming the basis for future collaborative trade, investment, and tourism initiatives.
It also opens new opportunities for manufacturers and entrepreneurs to access markets, contributing to local socio-economic development, boosting tourism, creating jobs, generating income, and supporting sustainable growth. - Xinhua
