Dong Thap, Champasak agree on multi-sector cooperation

Dong Thap (VNA) – Senior officials of Dong Thap and the Lao province of Champasak held talks in the Mekong Delta province on September 27.

The talks ended with the signing of a memorandum of understanding (MoU) on directions for bilateral cooperation for 2017 – 2021.

Under the pact, Dong Thap and Champasak will facilitate the exchange of experience on agro-fishery production methods between their relevant agencies and firms.

The two provinces will encourage and create favourable conditions for their respective enterprises to carry out market studies and form partnerships.

Collaboration in research activities and human resources training is also included in the MoU.

Speaking at the talks, Chau Hong Phuc, Vice Chairman of the Dong Thap People’s Committee, said he expects the pact will help stimulate bilateral social-economic engagements between the sides in contribution to the growth of Vietnam – Laos relations.

Champasak Vice Governor Voualin Vongphachanh reported that the province enjoys an annual economic growth of 8.4 percent, with strengths in agriculture and eco-tourism. Champasak has attracted 390 investment projects, both foreign and domestic, with total capital of 17.5 billion Lao kip (around 2.1 million USD), of which around 22 percent was Vietnamese investment.-VNA