HCM City, Vientiane capital realise cooperation agreements

HCM City (VNA) – Chairman of the HCM City People’s Committee Nguyen Thanh Phong and Vientiane Governor Sinlavong Khoutphaythoune have agreed to actively realise the jointly-signed cooperation agreements between the two cities.

During their talks in HCM City on March 29, the two sides agreed to continue fostering friendship and cooperation, contributing to nurturing the traditional friendship, special solidarity and comprehensive cooperation between the two Parties, the States and the two cities.

The two localities will co-organise activities to mark the 55th anniversary of Vietnam – Laos diplomatic ties and 40th anniversary of the Vietnam – Laos Treaty of Amity and Cooperation.

They also agreed on continuing the exchange of their delegations, while boosting cooperation in investment, trade, culture and education.

HCM City and Vientiane capital will share experiences in tax, financial management and investment attraction, strengthen trade and investment exchange between their enterprises and develop trade and tourism centres in their respective localities.

At the talks, Phong affirmed that HCM City treasures and will do its utmost to protect, consolidate and develop the special relationship with Laos in general and Vientiane in particular.

Sinlavong Khoutphaythoune highly valued the support the HCM City has provided for Vientiane over the past years, particularly technical assistance for beef cattle farming, human resources training, and scholarship granting.

He expressed his hope that HCM City will continue providing support for Vientiane in the framework of cooperation from 2015-2020, sharing experience in luring foreign direct investment and enhancing capacity in tax and banking management.-VNA