New master scheme for VN-Laos border trade development

18:23 | 03/08/2014

VGP – The Ministry of Industry and Trade has approved a master scheme on industrial and commercial development along the borderline between Viet Nam and Laos by 2020 with a vision towards 2030.

The scheme aims to tap the agro-forestry and electricity potentials of the two countries.

The Vietnamese districts are famous for number of agro-forestry products like tea, coffee, rubber, arrowroot, tapioca and corn, milk and power products, furniture

The Ministry also plans to promote the role of 25 hydro-electric projects in 14 border districts and build 85 others in 25 border districts.

All 39 border markets will be upgraded and six others will be built, according to the scheme.

It is expected that 43 new supermarkets and commercial centers will also be built to serve tourists, traders and investors. /.

By Kim Anh