Deputy Prime Minister Nguyen Xuan Phuc on May 4 hosted a reception for Lao Minister of Industry and Commerce Nam Viyaketh on his working visit to Vietnam .
Deputy Prime Minister Phuc affirmed that the Vietnamese Government always attaches importance to the special friendship with Laos , adding that that Vietnam will continue to further strengthen its comprehensive cooperation with Laos , especially in economics and trade.
He also asked the Lao minister to facilitate investment and business activities of Vietnamese enterprises in Laos .
Minister Nam Viyaketh said that his visit to Vietnam aims to foster trade cooperation with Vietnam and affirmed that the Lao Government will continue providing favourable conditions for Vietnam ’s enterprises to invest in Laos .
He informed Phuc about the results of his working meetings with Vietnamese ministries and sectors, which set a target of 1 billion USD in bilateral trade turnover between Vietnam and Lao this year and 2 billion USD by 2015.
The Lao minister highly valued Vietnam ’s enterprises for their contributions to Laos ’ economic growth and the implementation of social welfare activities and poverty reduction in the country. VNA
