The Philippines and Laos have made good on the trade between the two countries. As two developing countries, Vietnam and Laos are gradually improving and enhancing the industrial and technical level have found mutual support. As the Vietnam imported wood and wood products from Laos after each year of increase, while Vietnam exports to the developed countries so much greater. Vietnam is one of the largest trade partners of Laos. Vietnam is the second country among foreign investors in Laos, focusing on areas such as energy (hydroelectric power), mining, agriculture, and forestry. Laos is also attracting countries from Vietnam more for a total of 55 countries and territories have offshore investment activities of Vietnam.
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