Vientiane (VNA) - The 11th theoretical workshop between the Communist Party of Vietnam (CPV) and the Lao People's Revolutionary Party (LPRP) was held in the Lao province of Luang Prabang on November 28, under the theme "Developing an Independent and Self-Reliant Economy - Experiences of Vietnam and Laos".

It was co-chaired by Nguyen Xuan Thang, member of the CPV Central Committee’s Political Bureau, President of the Ho Chi Minh National Academy of Politics (HCMA) and Chairman of the Central Theory Council, and Kikeo Khaykhamphithoun, Politburo member of the LPRP and Deputy Prime Minister of Laos.

In his keynote speech, Thang shared the fundamental achievements Vietnam has attained after nearly 40 years of “Doi moi” (Renewal) and the lessons learned in building an independent and self-reliant economy, as well as the principles and strategies underlying Vietnam's development of a socialist-oriented market economy.

He then proposed several topics for in-depth discussions among the participants, including building and perfecting institutions to foster the development of an independent and self-reliant economy, ensuring harmonious development across the three pillars of economy, society, and environment. More themes included combining national strength with the power of the times, and developing human resources and enhancing the role of both state-owned and private enterprises. The discussion topics were rounded out with effectively addressing the dialectical relationship between independence, self-reliance, and international integration.

He also informed them of new and drastic decisions made by the Communist Party of Vietnam to prepare for a new era – the era of the nation’s rise.

Kikeo affirmed that the LPRP’s fundamental development path is to steadfastly enhance independence, self-reliance, and resilience. He highlighted the key achievements gained by Laos in recent years and outlined several core tasks for the coming time to build an independent and self-reliant economy.

The delegates agreed that building and developing an independent and self-reliant economy is essential for each country, especially in the current context. Recognising that the process of establishing such economies in Vietnam and Laos involves extensive and complicated aspects, and needs clear analysis and an objective perspective aligned with each country's development context, both sides agreed to continue conducting in-depth, straightforward, and effective discussions on both theoretical and practical aspects of the outlined issues to maximise the effectiveness of this workshop.

On this occasion, the Vietnamese official received leading officials of Luang Prabang province, during which he shared Vietnam's experiences as well as several ꦚorientations for promoting the province's potential and strengths to serve local socio-economic development in the new context./.