Vietnamese-funded Academy of Economics and Finance inaugurated in Laos

The Vietnamese-funded Dongkhamxang Academy of Economics and Finance (third phase) was inaugurated in Vientiane capital on January 11 within the framework of the official visit to Laos by Prime Minister Pham Minh Chinh.

Thursday, January 12, 2023 09:04

Vietnamese-funded Academy of Economics and Finance inaugurated in Laos ảnh 1

At the inauguration ceremony. (Photo: VNA)

Vientiane (VNA) – The Vietnamese-funded DongkhamxangAcademy of Economics and Finance (third phase) was inaugurated in Vientiane capital onJanuary 11 within the framework of the official visit to Laos by Prime MinisterPham Minh Chinh.

The project, launched in 2017, had totalinvestment capital of 176 billion VND (7.5 million USD), of which 158 billionVND was non-refundable aid from the Vietnamese Government.

Vietnamese-funded Academy of Economics and Finance inaugurated in Laos ảnh 2

Vietnamese Minister of Finance Ho Duc Phoc speaks at the ceremony. (Photo: VNA)

Present at the ceremony, Vietnamese Minister ofFinance Ho Duc Phoc said the academy can admit up to 4,000 students and officialsin the financial sector, expressing hishope that it will provide high-quality personnel, thus contributing to the process of nationalconstruction and reform in Laos.

Spanning over 155,000 square metres, the projectincludes buildings for study, research, physical training, and dormitory, amongother facilities.

It formed part of an agreement on bilateralcooperation between the Vietnamese and Lao Governments for 2016 – 2020./.

VNA

#Dongkhamxang Academy of Economics and Finance #Prime Minister Pham Minh Chinh #non-refundable aid #financial sector #Vietnam #VietnamPlus #Vietnam news Laos

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