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PM, Lao leader meet to discuss co-operation

Update: March, 16/2013 - 09:20
HA NOI(VNS) — Prime Minister Nguyen Tan Dung yesterday held a meeting with his Lao counterpart Thongsing Thammavong to discuss ways to boost mutual co-operation.

Both leaders expressed their pleasure at the developing co-operative relations between the two countries, especially in economics, trade and investment.

In 2012, two-way trade reached US$850 million, an increase of 17 per cent against the previous year. The same year, Viet Nam became one of Laos's leading investors with 440 projects and total capital investment of $5.38 billion.

The two leaders agreed to create favourable conditions for businesses from both sides to co-operate in economics, trade and investment.

They directed the ministries, departments and localities to effectively implement the agreements signed between the two countries, aimed at significantly develop bilateral co-operation.

The meeting was part of Dung's working tour of Laos's northern provinces, including Houaphan and Xieng Khouang.

Dung and the Lao PM also attended a ceremony to start the construction of the Vieng Xay Revolutionary Museum and upgrade of Pha Deng Cave where Lao leaders worked during the war.

At a meeting with Houaphanh provincial leaders on Thursday, Dung spoke highly of the friendship and co-operative ties between the province and Vietnamese localities, especially Son La, Thanh Hoa and Nghe An provinces, which border Houaphanh.

Dung said he hoped the special ties, which cover various fields such as security, defence, economics, culture, education and healthcare, would continue to develop.

Viet Nam would pay due attention to implementing an agreement inked by the two Governments on the Viet Nam-Laos co-operation strategy till 2020 in Houaphanh and Xieng Khouang, added Dung.

Khamhung Huongvongsi, Houaphanh Party Secretary and Governor, briefed Dung on his province's potential and a number of important projects to be carried out in the coming time, and pledged to try his best to contribute to strengthening the special friendship between the two countries.

On behalf of the Vietnamese Government, Dung presented US$1 million to help the province build a foreign language centre.

Vietnamese credit institutions and the association of Vietnamese investors in Laos also offered $300,000 to the province.

On the same day, PM Dung and his Lao counterpart Thongsing Thammavong attended a ceremony to launch the construction work on an international airport in Houaphanh, funded by Viet Nam's Hoang Anh Gia Lai Group. This is the second airport in Laos the group has invested in. — VNS


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