Politics

Vietnam, Laos boost cooperation in energy, mining

Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Energy and Mines Phoxay Sayasone have agreed to further boost Vietnam-Laos cooperation in energy and mining, contributing to the traditional friendship, special solidarity, and comprehensive partnership between the two nations.
Vietnam, Laos boost cooperation in energy, mining ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Minister ofIndustry and Trade Nguyen Hong Dien and Lao Minister of Energy and Mines Phoxay Sayasone have agreed to further boost Vietnam-Laos cooperation in energy and mining, contributing to the traditional friendship, special solidarity, and comprehensive partnership betweenthe two nations.

During a workingsession in Hanoi on February 23, the two sides agreed that they are well implementing an MoU signed in 2016 between the two governments on cooperation in hydro power development in Laos, grid connections and electricity import from Laos.  

Minister Dien said in order to continue purchasingelectricity from Laos, Vietnam Electricity (EVN) has partnered with Lao power investorsto invest in one 500kV, and four 220kV transmission lines between the two countries.

Sayasone informedthe host that according to the latest survey results, the Lao provinces of Sekong and Saravane hold 500 million tonnes of coal inreserve, which couldpotentially be even greater if the survey is expanded.

To tap this abundantresource, he suggested the Vietnamese Ministry of Industry and Trade (MoIT) createconditions for Lao enterprises to export coal to Vietnam.

Dien said the MoIT isready to connect informationbetween Vietnamese corporations and enterprises with Lao coal exporters to stepup bilateral coal trade.

The Vietnameseminister also proposed further enhancing coordination in the mining and processingof mineral resources between the two countries.

He said Vietnamese enterprises are interested in investing in tin mining and processing in Laos for exporting to Vietnam or other coutries. He asked the Lao side to shareinformation about its tin reserves as well asintroduce Lao enterprises operating in this field to connect with Vietnamese partners.

The guest vowed to assign Lao agenciesto work closely with the Vietnamese side to tackle difficulties with Vietnamese projects in Laos, and further tap the potential of bilateral cooperation inelectricity purchase, mine management, and exploitation of mineral resources./.

VNA
#Minister of Industry and Trade Nguyen Hong Dien #Vietnamplus #Vietnam News Agency #Lao Minister of Energy and Mines Phoxay Sayasone Laos Vietnam
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