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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
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Ho Chi Minh City
Sunday, June 1, 2025

Vietnam-Laos trade expands 27% in Jan-Aug

The Saigon Times

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HCMC – Bilateral trade between Vietnam and Laos reached more than US$1 billion in the first eight months of this year, surging 27% year on year.

Vietnam spent US$662 million on imports from Laos and exported products worth US$414.5 million to this neighboring country, up 50.7% and 1.37% respectively, the news site Vietnamplus reported.

With the current growth rate, the total trade turnover between the two countries is expected to reach US$1.6 billion, up around 20% year on year.

The figure will reach the target set by the leaders of the two countries at the 44th session of the Vietnam-Laos Intergovernmental Committee on Bilateral Cooperation in January.

Vietnam exports petroleum products, vehicles and machines to Laos. Meanwhile, its main imports from Laos include electricity, gold, paper, paper products, copper ore, rubber and agricultural products.

Vietnam ranks third among the largest exporters to Laos. Besides, total trade between Laos and other countries worldwide reached US$8.97 billion in the first eight months of this year, down 1.1%, of which exports reached US$4.65 billion.

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