Laos posts trade surplus with Vietnam | Bangkok Post: business

Business > News

Laos posts trade surplus with Vietnam

- +

VIENTIANE - Land-locked Laos posted a slight trade surplus with neighbouring Vietnam of US$23 million during the first five months of this year, media reports said on Monday. 

Bilateral trade during the five-month period amounted to 3.4 trillion kip ($433.8 million), up 5.6% year-on-year, foreign trade policy department deputy director General Phanh Vilaysom said.

"Exports to Vietnam were about 1.8 trillion kip ($228.4 million)," Phanh was quoted as saying by the Vientiane Times reported. "The imports from Vietnam were around 1.6 trillion kip ($205.4 million)."

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

1 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments