Topics: International trade, Vietnam, Laos Pages: 25 (5403 words) Published: January 8, 2013


Final Term Report
(Based on: 2007 - 2009 data collections concerning: Diplomatic & Trade Relations)

Dao Thi Bich Thuy

Prepared by:
1. Nguyen Thi Thu Anh
2. Nguyen Thi Ha Ngan
3. Hoang Thu Trang
4. Nguyen Thu Trang
5. Nguyen Duc Truong

Hanoi, December 15, 2010




Viet - Lao Trade Policies4

Current Economic Situations6

Trade Structure10


Trade and Investment Opportunities12

Trade Development Threats15


Exploitation & Restoration Plan16

Investment in Lao Education18

Investment in Lao Infrastructure19

Image building of Vietnamese Products19

Policies Reformation Advocacy20



Vietnam and Laos are two neighboring countries, which have established and developed a long–term relationship during their thousand-year histories of national constructions and defenses. Specifically, in the time of colonialism, the Viet-Lao alliance was set up by the two nations to fight against their common enemy - The European Colonists.

Later on, with the supports of this alliance, both countries became independent. Vietnam declared itself to the world in 1945 and then freed Laos from the colonists five years later. On September 5, 1962, after the establishment of Lao People’s Democratic Republic, Vietnam and Laos took a further step by officially establishing their diplomatic relations.

Vietnam and Laos relations, thus, revolved to a new stage of special friendship, solidarity and comprehensive cooperation between the two Socialist Parties and States. Since then, the special relations between the two countries have been constantly strengthen and evolved.

Politically, the two countries are tied together by a firm and bilateral foundation. Based on which, annual Agreements on Economic, Cultural, Science and Technology Cooperation are formed and approved by the cooperation framework between the two Governments.

Leaders from the two Parties, States, Parliaments, Governments and localities meet regularly to conduct the cross–nation committees’ discussions for more open polices between LPDR and Vietnam. Particularly, recent official visits by Mr. Choumaly Sayasone, Secretary General of the Central Committee of the Lao People's Revolutionary Party and President of LPDR to Vietnam on June, 2006 and by Mr. Nong Duc Manh, General Secretary of the Communist Party of Vietnam during April, 2009 have paved the way to a new era of mutual gains between the two countries.

Evidences are the bilateral agreements signed by the two states:

✓ 1977: Friendship and Cooperation Treaty 1977

✓ 2001: Agreement on Cooperation for the period of 2006 – 2010 and Strategy on Economic, Cultural and Science and Technology Cooperation.

✓ 2001: A Joint Statement - which providing the guidelines for the bilateral special relations

Since then, close coordination and cooperation between the two countries have been enhanced in numerous regional and international fora, such as the United Nations, the Association of Southeast Asian Nations (ASEAN), the Ayeyawady-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS), the Greater Mekong Sub-region (GMS), the Cambodia-Laos-Myanmar-Vietnam Sub-regional Co-operation and the Vietnam-Laos-Cambodia Development Triangle. This has contributed to raise each country’s status and prestige in the region and the world.


Laos and Vietnam have been strategic trade partners every since both countries are under the...

References: Background Notes: Lao (2010, May). Retrieved November 26, 2010
Dong Depreciation lifts dollar deposit interest rates (2010, August). Retrieved November 22, 2010 from:
Ericio (n.d.). Starting a business in Lao PDR. Retrieved November 1, 2010 from:
GDP per capital – Lao compared to Continent (n.d.). IMF World Economic Outlook Database. Retrieved November 20, 2010 from:
Hiep dinh qua canh hang hoa (n.d). Tai lieu Viet. Retrieve December 6, 2010 from:
High Inflation Rate – A challenge to Economy (2010, July). KPL Lao News Agency. Retrieved November 22, 2010 from:
Huong dau tu sang Lao (2007, October). Dien dan doanh nghiep. Retrieved November 22, 2010 from:
Lao Foreign Policies (n.d.). Encyclopedia of Nations. Retrieved November 1, 2010 from:
Lao PDR Indexes (2010). The World Bank Database. Retrieved November 15, 2010 from:
Lao re-forestation (2010, November). Cong an Nghe An. Retrieve November 26, 2010 from:
Laos in Asia Pacific (2010, June - November). Vietnamese Diplomatic Missions. Retrieved from November 14, 2010 from:
Oraboune, S. (2010). Investment climate in Lao PDR. Retrieved November 21, 2010 from:
Q.A. (2008, February). Viettel dau tu sang Lao. VN Economy. Retrieved November 1, 2010 from:
Quan he hop tac Vietnam Lao (2009, May). Viettrade. Retrieved November 29, 2010 from:
Tong quan tinh hinh phat trien kinh te, thuong mai va dau tu Lao. Viettrade. Retrieved November 29, 2010 from:
Trade Barriers delay private sector expansion (2010, June). Vientiane Times. Retrieved November 15, 2010 from:
Vietnam Airlines – Laos and Myanmar (2010, October). VCCI. Retrieved November 20, 2010 from:
Vietnam-Laos Relation (2009, November). ASEAN. Retrieved from November 2, 2010, from:
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • study skills Essay
  • study skills essay
  • Study Skills Essay
  • Case Study Essay
  • CASE STUDY Essay
  • case study Essay
  • significance of study Essay
  • Case Study Research Paper

Become a StudyMode Member

Sign Up - It's Free