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Speed up joint investments: Lao leader

Update: November, 18/2016 - 09:47
Prime Minister Nguyễn Xuân Phúc receives Lao Deputy Prime Minister Sonsay Siphandone yesterday in Hà Nội. — VNA/VNS Photo Thống Nhất

HÀ NỘI — Laos and Việt Nam should consider speeding up joint investment projects like the Hà Nội-Vientiane expressway and the Hòn La – Khammouan oil pipeline, Lao Deputy Prime Minister Sonsay Siphandone said yesterday.

Siphandone made this proposal during his meeting with Prime Minister Nguyễn Xuân Phúc in Hà Nội, as part of his ongoing working visit to Việt Nam.

The Lao leader also suggested the two countries increase co-operation between localities and step up efforts to make it easier for enterprises to do business in either market.

PM Phúc affirmed that Việt Nam will do its utmost to enhance time-tested friendship and co-operation with Laos, especially in supporting local businesses boost their investment in the neighbouring nation.

He asked Laos to suggest specific measures on building the oil pipeline from Hòn La Port in the central province of Quảng Bình to the central Lao province of Khammouan.

Laos should also propose ways to use Vũng Áng Port in the central province of Hà Tĩnh as a transit place for Lao cargo, he said.

The PM said both countries should share their experiences in managing socio-economic development. He said great potential existed for further bilateral co-operation in the agriculture, fisheries and forestry sectors. — VNS

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