News Room - Business/Economics

Posted on 31 Dec 2007

Viet Nam, Laos, Thailand develop economic corridor

Industry and trade ministers from Laos, Thailand and Viet Nam signed a memorandum of understanding to boost trade exchange and attract investment for the development of the East-West economic corridor.

At the industry and trade ministerial meeting between the three countries in Savanakhet, Laos on December 26, the ministers discussed cooperational measures in order to develop tourism, exchange economic information and implement joint agreements on trade and investment.

Also discussed were several projects on infrastructure facility development and economic, trade and investment cooperation.