HANOI, May 7 (Xinhua) -- Vietnam, Laos and Cambodia launched here an economic cooperation and development association, aiming to strengthen the economic and investment ties with each other, local newspaper Vietnam News reported Wednesday.

    The Vietnam-Laos-Cambodia Economic Cooperation and Development Association set up on Tuesday will also collect feedback on strategies, policies or administrative reforms in the region. Its four-year action plan includes forums and trade fairs where its members can exchange information and experience, obtain consultation services and legal support for enterprises and investors.

    The association, having 500 members of organizations, individuals and enterprises now, is expected to double the number by 2012.