Vietnam, Laos accelerate investment projects
The Vietnamese and Lao governments should deliberate accelerating joint investment projects in the coming time, including the Hanoi-Vientiane expressway and the Hon La – Khammouan oil pipeline.
Prime Minister Nguyen Xuan Phuc (R) meets with Lao Deputy Prime Minister Sonsay Siphandone (Photo: VNA)Lao Deputy Prime Minister Sonsay Siphandone made the proposal at his meeting with Prime Minister Nguyen Xuan Phuc in Hanoi on November 17 as part of his ongoing working visit to Vietnam.
He suggested the two countries increase cooperation between localities and exert more efforts to weather difficulties for enterprises to do business in the respective markets.
For his part, Prime Minister Nguyen Xuan Phuc confirmed that Vietnam will do her utmost to enhance the time-testing friendship and cooperation with Laos , especially supporting local businesses to boost investments in Laos .
He asked the neighbouring country to put forth specific measures to build an oil pipeline from Hon La Port in the central province of Quang Binh to the central province of Khammouan, as well as the use of Vung Ang Port in the central province of Ha Tinh as a transit place for Lao cargos.
The PM recommended the Lao side to closely work with the Vietnamese counterpart to implement effectively the aforesaid projects.
He also called on the two sides to share experience in socio-economic development management, and underlined agro-forestry-fisheries as potential fields for bilateral cooperation.-VNA
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