Laos, Vietnam contribute to building ASEAN of high economic growth: diplomat

Since joining the Association of Southeast Asian Nations (ASEAN), both Laos and Vietnam have significantly contributed to building ASEAN into a region with high, constant economic growth and a peaceful society, Lao Ambassador to Vietnam Sengphet Houngboungnuang has said.
Laos, Vietnam contribute to building ASEAN of high economic growth: diplomat ảnh 1Lao Ambassador to Vietnam Sengphet Houngboungnuang (Photo: VNA)
Hanoi (VNA) – Since joining theAssociation of Southeast Asian Nations (ASEAN), both Laos and Vietnam havesignificantly contributed to building ASEAN into a region with high, constanteconomic growth and a peaceful society, Lao Ambassador to Vietnam SengphetHoungboungnuang has said.

In an interview granted to the Vietnam News Agency(VNA) on the occasion of the 40th and 41st ASEAN Summitsand Related Summits which are taking place in Cambodia from November 10-13, the Lao diplomat highlighted the improvement in living standards and the narroweddevelopment gap in the ten-member grouping.

Vietnam and Laos have supported each other insocio-economic development and investment promotion in respective countries,contributing to developing the bloc in a sustainable and stable manner,according to the ambassador.

The two countries have also played a proactive role in the drafting of many important documents in ASEAN, and especially in the building of theASEAN Community with the three pillars of the Political-Security Community, theEconomic Community and the Socio-Cultural Community. 

Over the past time, apart from cooperation withinthe framework of ASEAN, the two countries have coordinated and cooperatedclosely in the ASEAN Sub-region, and participated in Mekong cooperationframeworks such as the Greater Mekong Sub-region and the Ayeyawady-Chao Phraya-Mekong EconomicCooperation Strategy (ACMECS), the ambassador said.
He noted that those important mechanisms have contributed toreducing poverty, raising people’s living standards, spurring economic growth, andpromoting trade and investment ties as well as people-to-people exchangesbetween countries in the ASEAN region and the world at large.

The diplomat pointed out that over the past yearsand even in 2022, ASEAN member countries and other nations worldwide have faceda host of new security challenges like economic and financial crises, naturaldisasters, climate change, food shortage and the COVID-19 outbreak.

Against the backdrop, the ASEAN nations and theirdevelopment partners have cooperated harmoniously and closely to cope with thechallenges, supported each other in economic recovery,  and worked together to further materialise the2025 ASEAN Community Vision.

Despite the widespread outbreak of the COVID-19 pandemic,ASEAN has remained an important region with continuous, stable economicdevelopment, the diplomat continued, adding that the bloc attracted 174 billionUSD in foreign direct investment (FDI) in 2021, up 42% year-on-year.

Many economic sectors in the region have postedmarked recovery and development, particularly science-technology, digitaleconomy and micro, small and medium-sized enterprises.

The tourism industry has recovered and been growingeven stronger as the ASEAN member countries have adopted sound policies, hesaid, noting that visa exemption for citizens from the ASEAN member countries whentravelling within the grouping is an important factorto restore the regional tourism sector.

To accelerate the implementation of ASEAN 2022’stheme – “ASEAN A.C.T: Addressing Challenges Together,” in the spirit ofsolidarity for sustainable development, the ambassador stressed the need to follow the bloc’s principles of consultation and consensus, or the ASEAN Way, with the involvement of all member countries.

The principles are the fundamental, which have beenput into place since the foundation of the grouping, he stressed.

Sengphet Houngboungnuang also suggested ASEAN persistentlymaintain its centrality and the principles regarding cooperation with other countriesas set in the ASEAN Charter, including those on expansion, inclusiveness andnon-discrimination in cooperation with outside partners.

ASEAN should carry forward its important role byutilising its mechanisms to promote mutual trust and understanding, for the mission of peace, stability and cooperation, for development in the region and theworld, he said./.
VNA

See more

Standing Deputy Prime Minister Nguyen Hoa Binh speaks at his meeting with the Vietnamese Intellectual Society in the UK and Ireland (VIS) in London on March 16. (Photo: VNA)

Deputy PM seeks UK's assistance to Vietnam in building financial centres

Standing Deputy Prime Minister Nguyen Hoa Binh commended VIS for its role as a bridge for cooperation in education-training and science-technology, which hold great potential for partnership between Vietnam and the UK. He also urged VIS to contribute to Vietnam’s plans for the establishment of financial centres in Ho Chi Minh City and Da Nang.

Vice Chairman of the Vietnamese National Assembly Nguyen Duc Hai (L) and Speaker of the India Lok Sabha Om Birla at their meeting on March 17. (Photo: VNA)

Vietnamese NA Vice Chairman meets with Indian Lok Sabha Speaker

He affirmed Vietnam’s consistent policy of prioritising its relations with India and expressed his hope that this visit would further consolidate political trust and friendship between the two countries, helping to bring the cooperation across sectors to a deeper and more substantive manner.

Party General Secretary To Lam (Photo: VNA)

Party chief highlights development of private economic sector as lever for building prosperous Vietnam

The private sector has not only helped expand production, trade, and services but also made an important contribution to improving labour productivity, promoting innovation, and increasing national competitiveness. The strong rise of many Vietnamese private enterprises has not only enabled them to dominate the domestic market but also gained a foothold in international markets.

Party General Secretary To Lam speaks at his working session with the Party Committee of the Government Inspectorate in Hanoi on March 17. (Photo: VNA)

Party chief requests tackling of 220 prolonged complaints within Q2

Speaking at the session, General Secretary Lam acknowledged the efforts and achievements of the inspection sector, highlighting its significant workload in ensuring the rights of individuals and organisations, recovering state assets, and recommending disciplinary actions against violations. These efforts have strengthened public trust in the Party and State, he noted.

PM Pham Minh Chinh speaks at the event (Photo: VNA)

PM lauds NA Party Committee’s dynamic performance

The NA's Party Committee has played an instrumental role in translating major Party policies into actionable frameworks, ensuring their practicality and effectiveness while tackling institutional obstacles.

Minister of National Defence Gen. Phan Van Giang speaks at the conference (Photo: VNA)

Conference reviews inspection over Central Military Commission

In addition to operational reforms, the Central Military Commission and its Standing Committee have taken a proactive role in preparing for the 12th Congress of the Army Party Organisation for the 2025-2030 term, contributing to the drafting of key documents for the 14th National Party Congress.

At a meeting on March 17 between the Can Tho authorities and a visiting delegation from the Indian Consulate General in Ho Chi Minh City. (Photo: VNA)

Can Tho seeks Indian investment in technology, agriculture, industry

In 2023, the city signed a cooperation agreement with the consulate general aimed at strengthening collaboration in various fields, particularly education, culture, arts, IT, tourism, trade, and investment promotion. In 2024, the Indian Government provided a grant of 50,000 USD to support a rural bridge construction project in Can Tho.

At the working session between Party General Secretary To Lam and the Socio-economic Subcommittee of the 14th National Party Congress. (Photo: VNA)

Socio-economic report must be a handbook for action to realise goal of national development: Party chief

Emphasising that socio-economic issues are broad, complicated, highly specialised, and rapidly changing, requiring regular updates and supplements, he suggested further research into new issues and the continued implementation of the policy to streamline the political system, together with a deeper evaluation of the results of the policy, as well as the re-organisation and restructuring of administrative units at all levels.

State President Luong Cuong speaks at the ceremony. (Photo: VNA)

State President Luong Cuong welcomes new foreign ambassadors

Amidst complicated developments in the world, the President said he is confident that the countries will join hands with Vietnam at multilateral forums to address global issues, build a peaceful world with a fair political and economic order based on the fundamental principles of the UN Charter and international law.

National Assembly (NA) Chairman Tran Thanh Man addresses the meeting. (Photo: VNA)

Top legislator hosts various-tenure NA representatives from Soc Trang

NA Chairman Tran Thanh Man emphasised that the revolution to streamline the system is entering the second stage with numerous difficulties, urging Soc Trang’s representatives continue to strongly support the initiative. Streamlining the apparatus is to have more resources for development investment and socio-cultural sectors.

Prime Minister Pham Minh Chinh (thrid, left) hands over the decision to establish the Ministry of Ethnic and Religious Affairs to leaders of the ministry (Photo: VNA)

📝 OP-ED: Streamlined, effective administrative apparatus: A mark of March decisions

Within just the first 15 days of March - the month marking the commencement of the new organisational apparatus - a series of swift, decisive, and practical national and social policy decisions were made, demonstrating a firm commitment to the principles of ensuring an “elite, streamlined, strong, efficient, valid and effective” newly-formed system.