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![[EVENT] - VIETNAM - LAOS INVESTMENT AND TRADE PROMOTION FORUM 2024](/gw-content/images/post503-msSnH.jpg)
06/01/2025
[EVENT] - VIETNAM - LAOS INVESTMENT AND TRADE PROMOTION FORUM 2024
On the morning of December 27, 2024, within the framework of the event "Laos - Vietnam Tourism, Culture and Trade Promotion Day 2024", the Vietnam - Laos Trade and Investment Promotion Forum 2024 was held. The program was sponsored by the Ministry of Information, Culture and Tourism of Laos and the People’s Committee of Ho Chi Minh City. The Consulate General of the Lao PDR in Ho Chi Minh City coordinated with Indochina Holdings Trading Promotion Investment Joint Stock Company to organize the implementation.
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![[NEWS] - Export rice prices are high but why are businesses hesitant to sign new contracts?](/gw-content/thumbs/z5075551067963f361f5671848c74ac1c7e3b0ada65ede-WRlgM.jpg)
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![[NEWS] - ADB changes GDP growth forecast for Southeast Asia. How is Vietnam’s GDP growth evaluated compared to Thailand and Indonesia?](/gw-content/thumbs/z4989164842729b947f81a888330bdd95189790555c15d-nmhBV.jpg)
[NEWS] - ADB changes GDP growth forecast for Southeast Asia. How is Vietnam’s GDP growth evaluated compared to Thailand and Indonesia?
Recently, the Asian Development Bank (ADB) published the Asian Development Outlook (ADO) report, with forecasts that in the context of weak demand for export products, growth prospects for Southeast Asia in 2023 have decreased from 4.6% to 4.3%.
![[NEWS] - Export of cassava and cassava products continues to grow](/gw-content/thumbs/z4897713300208caf30909c611195d889a1555043b05e6-lQS2a.jpg)
[NEWS] - Export of cassava and cassava products continues to grow
In October 2023, Vietnam’s export of cassava and cassava products continued to grow, export prices increased sharply to the highest level since the beginning of 2023 until now.
![[NEWS] - Removing difficulties, creating momentum for the wood industry to breakthrough](/gw-content/thumbs/z4852883785975c6b9189cf46bcce8b0f8e8e287c03e5e-y1xBj.jpg)
[NEWS] - Removing difficulties, creating momentum for the wood industry to breakthrough
Along with trade promotion, in the coming time, wood industry businesses need to invest in products, green transformation, and digital transformation, thereby creating a competitive advantage.
![[NEWS] - Improve customs clearance capacity for Lang Son border gate](/gw-content/thumbs/z4812504373815b65e5a70bc62403326f38e704e4732b7-HHpEW.jpg)
[NEWS] - Improve customs clearance capacity for Lang Son border gate
Currently, over 1,000 import and export vehicles are clearing customs daily through the Lang Son border gate.
![[NEWS] - Wood and furniture exports are expected to recover at the end of the year](/gw-content/thumbs/z4773427366003385cb58b0b35e8de1eb038ce24e65a7a-ZSqIA.jpg)
[NEWS] - Wood and furniture exports are expected to recover at the end of the year
Overall, in the first 9 months of 2023, Vietnam’s export value of wood and wood products is estimated to reach 9.7 billion USD, down 21.3% over the same period in 2022. The export prospect of these items will be more positive than in the last months of the year, thanks to increased market demand.
![[NEWS] - The time when you put money into real estate that increases in price by the same amount will be difficult to come back](/gw-content/thumbs/z4773427390993ecf31340ebc73be6a3661471d39050f0-S5YZp.jpg)
[NEWS] - The time when you put money into real estate that increases in price by the same amount will be difficult to come back
In the outlook for 2024 - 2025 and many years to come, it will be very difficult to return to old-style real estate business and investment with high profits of over 20 - 30%/year just by buying real estate and waiting for price increases.
![[NEWS] - Savings interest rates dropped sharply](/gw-content/thumbs/z47734273724240b7f05344279d8a87dea8a18eacdfc13-jQrTv.jpg)
[NEWS] - Savings interest rates dropped sharply
Entering the final quarter of this year, deposit interest rates at most banks continued to be low, with some banks even continuing to decrease in the first days of October.
![[NEWS] - Stocks are still the most attractive investment channel](/gw-content/thumbs/z47523154418619e8bc6f1a09954ca8e3e996f2d146204-tj44f.jpg)
[NEWS] - Stocks are still the most attractive investment channel
Experts believe that the current stock market is still in a stable growth trend based on analysis of the market’s constituent factors. However, the growth will not be too strong and will be similar to the economic indicators.
![[NEWS] - Export coffee price reached 3,151 USD/ton, continuing to set a record](/gw-content/thumbs/z473051555145193c22f33bca16db02ce2911a7c116bde-LNwTK.jpg)
[NEWS] - Export coffee price reached 3,151 USD/ton, continuing to set a record
The average export coffee price in the first half of September 2023 continued to increase, reaching 3,151 USD/ton, up 6.3% compared to the first half of August 2023 and 32.1% over the same period.