MOIT VIETNAM | In the context of trade promotion cooperation, promoting East-West trade relations, the Department of Industry and Trade of Da Nang city had a working trip with 5 provinces of South Central Laos.
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In the context of trade promotion cooperation, promoting East-West trade relations, the Department of Industry and Trade of Da Nang city had a working trip with 5 provinces of South Central Laos.
Speaking at the conference, the Director of Da Nang City's Department of Industry and Trade said that the five provinces of South Central Laos and Da Nang city, Vietnam, with the goal of cooperation for mutual development in many have had many years of cooperation through the signing of cooperation programs on the Internet. many different fields, build a good relationship. 4 years ago, the Department of Industry and Trade of Da Nang city set up a representative office in Champasak province, Laos with the aim of promoting cooperation activities with the Department of Industry and Trade of 4 southern provinces of Laos, Attapeu, Sekong, Salavane, Champasak as well as the Office.
In the past time, although Da Nang city and Laos localities have made many efforts to promote import and export activities of the two sides; however, trade cooperation activities are still not commensurate with the potentials of localities; Import and export products are still modest and have not fully exploited the needs of the mutual market.
With room for cooperation, trade and investment activities between Da Nang city and Lao provinces is still quite large, in the coming time, the promotion of business support activities of the Department of Industry and Trade of Da Nang city and the Department of Industry and Trade of the 5 provinces of South Central Laos through promoting goods exchange, investment cooperation, service development. Logistics service between the parties is very necessary.
Therefore, on the occasion of the visit and work of the city's leaders to the South Central provinces of Laos, with the agreement of the authorities of Da Nang city and Champasak province, the Department of Industry and Trade of Da Nang city held a "Conference to conclude trade connection between enterprises in Da Nang city and enterprises in the South Central provinces of Laos”. This is an important event on the sidelines of the signing of the Memorandum of Understanding between the Departments of Industry and Trade; a concrete example of the connection and cooperation between the Da Nang Department of Industry and Trade and the Departments of Industry and Trade of South Central Laos provinces, in order to initially realize the above cooperation goals.
Speaking at the conference, Standing Vice Chairman of the City People's Committee Ho Ky Minh said that in the past time, the Da Nang Department of Industry and Trade (directly the Da Nang Center for Industry Promotion and Trade Promotion) has organized various events. the city business delegation participated in the Vietnam - Laos Trade Fair in Vientiane, Laos and achieved some positive results; In which, businesses initially learn about consumer needs and tastes and look for distribution agents in Laos such as Da Nang Rubber Joint Stock Company, Danapha Pharmaceutical Joint Stock Company, COSEVCO Joint Stock Company, Co., Ltd. Production and Trade of BQ (BQ Shoes), Hoa Tho Textile and Garment Corporation, My Gia Thanh Private Enterprise, Non Nuoc stone...; At the same time, the organizer has also connected and maintained a cooperative relationship to invite businesses from other provinces to participate in the event in the city.
As a result, in the past years, there has always been the presence of businesses from the South Central provinces of Laos participating in the International Trade, Tourism and Investment Fair of the East-West Economic Corridor (EWEC) Da Nang to introduce their products. which provinces have strengths.
As a result, the export turnover between Da Nang and Laos provinces averaged 30 million USD/year; imports reached an average of 1 million USD/year; However, the value of this two-way trade is not really commensurate with the potential of each of our localities.
“We hope that, in the coming time, the promotion of business support activities of the Department of Industry and Trade of Da Nang city and the Department of Industry and Trade of 5 provinces in South Central Laos through the implementation of Memorandum of Understanding, especially the content of strengthening trade promotion cooperation, promoting import and export activities; cooperation in the development of logistics services, logistics services to promote connectivity and development of the East-West Economic Corridor ... will effectively contribute to promoting import and export of goods between the parties." Standing Vice Chairman of the City People's Committee Ho Ky Minh emphasized.
Vice Chairman of the City People's Committee Ho Ky Minh said that to this trade conference, the city of Da Nang had 15 businesses attending and wanted to find partners in Laos to connect and trade in products such as: computers boards, oil filters, air filters, southeast medicinal products, cordyceps products, baked coconut cakes, bird's nests, coffee, dried seafood, agarwood, agricultural products.
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