CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / News / Viet Nam
PM: Vietnam to support Laos' socio-economic development in 2018
Tuan Minh 12:28, 2018/01/14
PM Nguyen Xuan Phuc lauded Vietnam-Laos cooperation in 2017, affirming Vietnam will continue support and assistance for Laos’ socio-economic development process in 2018 wih a focus on key projects.
The Government chief made the statement at the yesterday's meeting to review cooperation with Laos in 2017 and discuss cooperation orientations with the neighbor in 2018.

According to a report by the Ministry of Planning and Investment, the two nations exchanged more than 300 visits at all levels and saw significant progress in economic cooperation in 2017. They have worked together to promptly remove obstacles and step up trade and investment promotion activities.
 
PM Nguyen Xuan Phuc presided over the meeting
PM Nguyen Xuan Phuc presided over the meeting
Vietnam now ranks third among countries and territories investing in Laos with 276 projects worth about 5 billion USD in total. Accumulative disbursement has been estimated at over 1.6 billion USD so far, accounting for 32.5 percent of the total Vietnamese investment.

Vietnam-Laos trade in the first 11 months of 2017 exceeded 808 million USD, up roughly 10 percent from 2016. Vietnam granted 1,246 scholarships to Lao students, 246 higher than the number pledged by the two Governments.

PM Phuc said that 2017 was a year of solidarity between the two countries and both sides successfully organised grand ceremonies to mark 55th founding anniversary of diplomatic ties and 40 years since the signing of the Vietnam-Laos Treaty on Amity and Cooperation.

The two nations should promote bilateral cooperation in various fields, he said, asking relevant sides to effectively coordinate to carefully prepare for the 40th meeting of the Vietnam-Laos Inter-governmental Committee for Bilateral Cooperation to be held later this year. 

Vietnam will continue its support for Laos in socio-economic development, he noted, adding that inspections must be carried out to accelerate the progress of some key cooperation projects.

The PM also highlighted remarkable diplomatic activities in the Friendship Year 2017 as the two countries celebrated the 55th founding anniversary of their diplomatic ties and the 40th anniversary of the signing of the Vietnam-Laos Treaty on Amity and Cooperation.  

The two countries also effectively implemented the Resolution of their Politburos and organized the 39th meeting of the Inter-governmental Committee for Bilateral Cooperation. Numerous projects and activities were deployed comprehensively in 2017 in all areas, PM Phuc stressed.

In 2018, the Government chief urged inferior levels to continue accelerating bilateral cooperation with Laos in various fields, focusing on co-exploitation of the Vung Ang port and power projects. He asked for good preparations for the 40th meeting of the Vietnam-Laos Intergovernmental Committee for Bilateral Cooperation this year.
Comments
Other news
20:47, 2025/01/22
Vietnam news in brief - January 22
Stay up to date with the latest news from The Hanoi Times.
20:53, 2025/01/21
Vietnam news in brief - January 21
Read The Hanoi Times for more updates about Vietnam and its capital.
08:58, 2025/01/21
Vietnamese leaders congratulate President Donald Trump on inauguration day
Vietnamese leaders expressed confidence that, under Trump's leadership, the partnership would continue to grow based on mutual respect for independence, sovereignty, and political systems.
23:10, 2025/01/20
Vietnam, Czech Republic issue Joint Statement on elevating ties to Strategic Partnership
Prime Minister Pham Minh Chinh and Prime Minister of the Czech Republic Petr Fiala have issued a Joint Statement, upgrading Vietnam-Czechia relations to a Strategic Partnership during the Vietnamese Prime Minister's official visit to the Czech Republic, from January 18 to 20.
21:52, 2025/01/20
Vietnam news in brief - January 20
Read The Hanoi Times news in brief to get the latest updates on the country.
06:05, 2025/01/20
President calls for overseas Vietnamese to join hands in nation-building efforts
The president said Vietnam will strengthen efforts to promote patriotism, fulfill aspirations, preserve the Vietnamese language, and uphold the nation’s cultural heritage among overseas Vietnamese.