PM stresses economic ties with Laos

The ministries of planning and investment of Việt Nam and Laos should work to foster economic links in key sectors including trade, finance, transportation and energy, Prime Minister Nguyễn Xuân Phúc said at his reception for Lao Minister of Planning and Investment Suphan Keomixay in Hà Nội on Friday.

Speaking at the meeting, Prime Minister Phúc reaffirmed that the Party, State and people of Việt Nam treasure the traditional ties between the two nations that have been nurtured by Presidents Hồ Chí Minh and Kaysone Phomvihane.

He praised the fruitful outcomes of their bilateral co-operation in multiple fields in recent years, including politics, defence-security, people-to-people exchanges, economics, investment, education and culture.

He also thanked the Lao Government for offering incentives for Vietnamese investors in Laos and helping them resolve difficulties.

The Prime Minister stressed the important role the two ministries of planning and investment play in enhancing their bilateral partnership, suggesting they should exchange experiences in policy making, macroeconomic stabilisation, inflation control and public investment management.

Minister Suphan Keomixay briefed his host on the outcome of talks with Việt Nam’s Ministry of Planning and Investment, noting that the two sides have agreed to boost their co-operation and work together to push ahead investment projects.

The Lao minister said he hoped Prime Minister Phúc would continue facilitating the development of relations between the two ministries and countries.