09:34 | 05/08/2016 Events
Prime Minister Nguyen Xuan Phuc received Lao Deputy Prime Minister and Finance Minister Somdy Douangdy in Hanoi on August 4, during which he asked the Lao Government to support Vietnamese enterprises’ operations in the country.
Prime Minister Nguyen Xuan Phuc (R) and Lao Deputy Prime Minister and Finance Minister Somdy Douangdy (Source: VNA)
The Vietnamese Government will also support its businesses operating in Laos, including the facilitation of their projects, as they will contribute to Laos’s economic development, he affirmed.
He also suggested both countries make more efforts to address difficulties to boost bilateral trade, as their potential in trade cooperation has yet to be tapped fully.
The Government leader informed the guest that he will assign a Government delegation led by Deputy Prime Minister Trinh Dinh Dung to visit Laos to seek ways to intensify bilateral cooperation in numerous fields, especially in energy.
Vietnam is considering the implementation of several transport infrastructure projects linking the country with Laos, he said, adding that Laos should scale up the sale of electricity to Vietnam.
He spoke of the financial cooperation agreements reached by the two ministries during the Lao guest’s visit, confirming that Vietnam is willing to help train financial officers for Laos and coordinate with the country at international financial forums.
The Lao Deputy PM asked the Vietnamese Government to encourage more Vietnamese businesses to invest in Laos, especially in disadvantageous areas to boost socio-economic development and improve locals’ living conditions.
Laos will do its utmost to nurture its special friendship and all-round cooperation with Vietnam, he added./.