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Dien Bien fosters trade, tourism with northern Laos

Update: September, 13/2012 - 09:48

DIEN BIEN (VNS) — A conference intended to boost trade and tourism between Viet Nam's Dien Bien Province and Laos' northern provinces took place in the province on Tuesday.

Participants agreed that the two countries' local authorities should establish a network of border markets, build infrastructure, especially roads, and upgrade important border gates to make transporting goods across the border more efficient.

They should adopt more preferential taxation policies, boost administrative reform, simplify import-export procedures and minimise fees for trade businesses in the border areas.

During the 2008-12 period, two-way trade between Dien Bien and its Lao border areas reached nearly US$72 million.-VNS

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