PM urges ministries of Vietnam, Laos to foster economic links
The ministries of planning and investment of Vietnam and Laos should work to foster the two countries’ economic links in key sectors – trade, finance & banking, transportation and energy.
Prime Minister Nguyen Xuan Phuc (R) and Lao Minister of Planning and Investment Suphan Keomisay. (Photo: VNA)
Hanoi (VNA) – The ministries of planning and investment of Vietnam and Laos sh🍒ould work to foster the two countries’ economic links in key sectors – trade, f☂inance & banking, transportation and energy.
Prime Minister Nguyen Xuan Phuc made the statement at his reception for Lao Minister of Planning and Investment Suphan Keomisay in Hanoi on June 17.
Speaking at the meeting, Prime Minister Phuc reaffirmed that the Party, State and people of Vietnam treasure the traditional ties between the two nations that have been nurtured by Presidents Ho Chi Minh and Kaysone Phomvihane.
He praised the fruitful outcomes of the bilateral cooperation in multiple fields, including politics, defence-security, people-to-people exchange, economics, investment, and education and culture, in recent years.
He also thanked the Lao Government for offering incentive policies for Vietnamese investors in Laos and helping them resolve difficulties.
The Prime Minister stressed the important role the two ministries of planning and investment play in enhancing the bilateral partnership, suggesting they should exchange experience in policy making, macroeconomic stabilisation, inflation control and public investment management.
For his part, Minister Suphan Keomixay briefed his host on the outcomes of the talks with Vietnam’s Ministry of Planning and Investment, noting that the two sides have agreed to boost cooperation in multiple fields and work together to push ahead their investment projects.
The Lao minister said he hopes Prime Minister Phuc will continue facilitating the development of relations between the two ministries and countries.-VNA
President Tran Dai Quang’s State-level visits to Laos and Cambodia from June 12-16 aim to elevate the traditional friendship, special solidarity and comprehensive with Laos.
President Tran Dai Quang arrived in Vientiane on June 12, beginning his three-day State visit to Laos at the invitation of Lao Party General Secretary and President Bounnhang Vorachith.
The Party and State will continually facilitate investment and business of Vietnamese enterprises in Laos, stated President Tran Dai Quang at his working session with Vietnamese investors in Laos.
Laos hopes for support from authorities in Ho Chi Minh City to facilitate joint science and technology projects, said Lao Minister of Science and Technology Boviengkham Vongdara.
The State visits to Laos and Cambodia of President Tran Dai Quang delivered the Vietnamese new leadership’s determination to continually cement and develop Vietnam's relations with the two countries.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
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Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
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In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
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Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Prime Minister Nguyen Xuan Phuc (R) and Lao Minister of Planning and Investment Suphan Keomisay. (Photo: VNA)
