The Chairman of the Party Central Committee’s Commission for Economic Affairs, Vuong Dinh Hue, received Lao Minister of Finance Liane Thykeo in Hanoi on May 16.

At the event, Hue updated the Lao delegation on Vietnam’s macro-economy and shared the country’s experience in budget management.

He asked the two sides’ finance sectors to lift their cooperation on par with their potential, adding that Vietnam is willing to work with the Lao ministry in building economic and financial policies and developing its macro-economy.

For his part, Thykeo informed his host of Laos’s socio-economic development in recent years and noted that the partnership between both finance ministries has been growing.

He said Laos also hopes to further exchange its budget management experience with Vietnam.-VNA