News
Deputy PM Nguyen Xuan Phuc met with Lao counterpart
On December 7, Deputy PM Nguyen Xuan Phuc met with his Lao counterpart Somsavad Lengsavad who is on a working visit to Viet Nam.
The two sides reviewed cooperative programs in the 2011-2015 period; proposed measures to successfully realize the cooperation contents in the 2016-2020 period; and prepared for a report of the Viet Nam-Laos Intergovernmental Committee to be submitted to the annual meeting of the two countries’ Political Bureaus and the 38th session of the Vietnam-Lao Intergovernmental Committee.
The two leaders were pleasant to witness the closer and finer tines between Viet Nam and Laos. The two countries’ traditional friendship, special solidarity and comprehensive cooperation have constantly been promoted in a practical manner.
The political ties have been increasingly strengthened and consensus has been shared at regional and international cooperation forums. The two countries have worked closely in defence and security and in building their shared border of peace and comprehensive development, contributing to safeguarding their political stability and social order.
Viet Nam has granted 258 investment projects in Laos with a combined capital of around US$5.36 billion. The figure included 14 projects that were newly licensed and had their capital added by a total sum of US$1.16 billion over the past 11 months.
The trade linkages have grown as the two countries signed a new bilateral trade pack, a border trade agreement and are working on a master border trade development plan. Both signed a memorandum of understanding on a cooperation strategy in transport for 2016-2025 with a vision towards 2030. In addition, cooperation in education and human resources development continued to get a priority.
For 2016-2020, the two countries need to reinforce the political relations and the exchange of visits in various forms in order to promptly learn and address problems arising during the implementation of cooperation agreements.
Viet Nam will support Laos during its ASEAN Chairmanship in 2016 as well as work together with the neighbor closely at multilateral frameworks, especially in the formation of the ASEAN Community on December 31, 2015. Connections at regional and international forums will be stepped up, as will the settlement of issues relating to the respective countries’ expatriates.
The two countries will strengthen security and defence affiliation to ensure their political stability, internal security and social order; speed up key projects; and resolve cross-border drugstrafficking.
Deputy PM Nguyen Xuan Phuc and Lao counterpart Somsavad Lengsavad
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The political ties have been increasingly strengthened and consensus has been shared at regional and international cooperation forums. The two countries have worked closely in defence and security and in building their shared border of peace and comprehensive development, contributing to safeguarding their political stability and social order.
Viet Nam has granted 258 investment projects in Laos with a combined capital of around US$5.36 billion. The figure included 14 projects that were newly licensed and had their capital added by a total sum of US$1.16 billion over the past 11 months.
The trade linkages have grown as the two countries signed a new bilateral trade pack, a border trade agreement and are working on a master border trade development plan. Both signed a memorandum of understanding on a cooperation strategy in transport for 2016-2025 with a vision towards 2030. In addition, cooperation in education and human resources development continued to get a priority.
For 2016-2020, the two countries need to reinforce the political relations and the exchange of visits in various forms in order to promptly learn and address problems arising during the implementation of cooperation agreements.
Viet Nam will support Laos during its ASEAN Chairmanship in 2016 as well as work together with the neighbor closely at multilateral frameworks, especially in the formation of the ASEAN Community on December 31, 2015. Connections at regional and international forums will be stepped up, as will the settlement of issues relating to the respective countries’ expatriates.
The two countries will strengthen security and defence affiliation to ensure their political stability, internal security and social order; speed up key projects; and resolve cross-border drugstrafficking.
