tailieunhanh - Lao PDR and Vietnam trade and Economic linkages: Performance and prospects

This paper investigates the extent of Lao-Vietnamese border trade and cross-border investment and the prospects for the future in an international environment challenged by trade wars, volatility and global climate change. The strength of these links is noted and the bright prospects for future development acknowledged. | VNU Journal of Science Economics and Business Vol. 35 No. 5E 2019 1-11 Original Article Lao PDR and Vietnam Trade and Economic Linkages Performance and Prospects John Walsh1 Nittana Southiseng1 Nguyen Quang Trung2 1 Nittana Southiseng GZI-MRC Vientiane 2 RMIT University Handi Resco Building 521 Kim Ma Ngoc Khanh Ba Dinh Hanoi Vietnam Received 27 September 2019 Revised 20 December 2019 Accepted 26 December 2019 Abstract Lao PDR and Vietnam share an extensive land border and there are a number of points at which border crossings can be made and border trade conducted. The connectivity of these crossings is to be intensified by cross-border transportation infrastructure such as the Vientiane-Bolikhamsay-Vung Anh deep seaport railroad which would facilitate exports from landlocked Lao PDR. Such infrastructure will improve existing Vietnamese investment in its western neighbour where more than 400 projects worth more than US 5 billion have already been licensed in activities such as hydropower industrial tree plantation and mining. This paper investigates the extent of Lao-Vietnamese border trade and cross-border investment and the prospects for the future in an international environment challenged by trade wars volatility and global climate change. The strength of these links is noted and the bright prospects for future development acknowledged. Keywords Border trade cross-border investment Lao PDR telecommunications Vietnam. 1. Introduction 2018 378 observed that States - autonomous or otherwise - do not act rather classes and class The history of rapid economic development in fractions act through them just as they act East Asia has been characterised by relationships through markets 1 . To some extent this is between the public and private sectors such that related to the large-scale privatisation of state- private sector organizations are at first compelled owned enterprises SOEs which commonly by the state to help accomplish state-level accompanies the move .