Wednesday, August 15 2018


PM arrives in Laos to chair regional summit

Update: March, 12/2013 - 09:11
Prime Minister Nguyen Tan Dung at Vientiane International Airport.—VNA/VNS photo Duc Tam

HA NOI (VNS)— Prime Minister Nguyen Tan Dung is scheduled to arrive in Laos today to begin a three-day visit and chair the seventh Cambodia-Laos-Viet Nam Development Triangle Summit (CLV7).

The trip is being made at the invitation of Lao Prime Minister Thongsing Thammavong, according to the Ministry of Foreign Affairs.

As well as attending a number of meetings, including the sixth Cambodia-Laos- Myanmar-Viet Nam (CLMV) Summit and the fifth Ayeyawadi-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS) Summit, he will visit some northern provinces of Laos.

Held every two years, the CLV 7 will start on today with the participation of the Prime Ministers of the three countries, as well as leaders from relevant ministries, sectors and localities.

The CLV 7 is held at a time when bilateral ties between Viet Nam and Laos, and Viet Nam and Cambodia have strengthened and developed in the spirit of solidarity, friendship and comprehensive partnership.

Co-operation among the 13 provinces in the development triangle has yielded encouraging results, especially in the implementation of the socio-economic development master plan in the run up to 2020, which was adopted in 2010.

The localities maintained high financial growth, with their economic structures shifting towards a brighter outlook. Infrastructure has improved and positive economic, trade and education achievements have been made.

The event will review the implementation of agreements reached at CLV 6, and define the directions to promote future co-operation among the three countries. The three PMs will also make a joint statement.

The CLMV 6, which will also get underway on March 12, will examine the implementation of the 2011–2012 action plan, and discuss specific measures to increase the links between the member countries.

The ACMECS 5, to be tomorrow, will look at the implementation of the Phnom Penh Declaration and the 2010–2012 ACMECS action plan.

Collaboration in the Mekong region is growing. Despite challenges, the co-operation mechanisms of CLMV and ACMECS have yielded some success, especially in the hosting of regional trade fairs and exhibitions.

Tourism has been boosted and trade facilitated among countries through building a one-stop service system and one-door customs at international border gates.

Viet Nam has played a leading role in devising annual action plans and promoting ways to strengthen the strength of the networks.

Meanwhile, Dung's visit to the northern provinces of Laos is aimed at tightening the friendship between Viet Nam and Laos and promoting the growth of socio-economic development.

Viet Nam's investment in Laos has surged in recent years, and the country now has 440 projects worth US$5.38 billion there, making it one of the largest investors in the country. Two-way trade hit nearly $900 million last year and is expected to reach $2 billion by 2015. — VNS

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