Laos-Vietnam trade hits US$833mil in first half of 2023

VIENTIANE (Bernama-Xinhua): The combined trade value of imports and exports between Laos and Vietnam in the first six months of 2023 exceeded US$833 million, a slight increase of 1.06 per cent compared to the same period in 2022.

The value of goods imported by Laos from Vietnam was estimated at US$267 million, a decrease of 13.67 per cent, while the value of goods exported by Laos to Vietnam soared to more than US$565 million, an increase of 9.94 per cent, Xinhua quoted the local daily Pasaxon newspaper report on Friday.