The cooperation sub-committees of Vietnam and Laos convened a mid-termmeeting in Luang Prabang, Laos, from August 6-12 to review the twocountries’ cooperation in the first six months of this year .
The session on August 12 was attended by Nguyen Xuan Phuc, DeputyPrime Minister and Head of the Vietnam-Laos cooperation sub-committee,and Somsavad Lengsavath, Deputy Prime Minister and Head of theLaos-Vietnam sub-committee .
The two sides highly valued theclose cooperation between agencies and local governments at all levels,in organising activities celebrating the Vietnam-Laos Friendship Year.
They also noted the expanding cooperation indefence-security, education and human resource training, as well as thesmooth coordination between the two countries at multi-lateral forums.
Regarding economic ties, by June this year,Vietnamese businesses had invested in 435 projects worth 5.2 billion USDin Laos .
Import-export turnover between thetwo countries reached almost 466 million USD in the period from Januaryto June, an increase of 33 percent year on year. The figure is expectedto reach 1 billion USD for the entire 2012.
In theremaining months of this year, the two sides plan to organisenegotiation teams for a new agreement on investment encouragement andprotection. The two countries will also continue to carry outeffectively the project on bilateral trade development for the2008-2015.
At the meeting, the two Deputy Prime Ministerswitnessed the signing of the meeting’s minute, an agreement on pilotimplementation of Vietnamese Government-financed projects, and a deal onexploring lead and zinc ores in Xieng Khouang.
As part ofhis visit to Laos , Deputy Prime Minister Nguyen Xuan Phuc on August 11made a tour of the Luông Phabang Senior High School , which isunder construction as a gift of former Vietnamese Party GeneralSecretary Nong Duc Manh, to Luang Prabang province.
Work on theschool started last November and is expected to complete this Decemberto mark the Vietnam-Laos Friendship Year 2012.
Also the sameday, Phuc visited the Royal Palace and Phanom village, whichspecialises in producing traditional brocade and silver products.-VNA
The session on August 12 was attended by Nguyen Xuan Phuc, DeputyPrime Minister and Head of the Vietnam-Laos cooperation sub-committee,and Somsavad Lengsavath, Deputy Prime Minister and Head of theLaos-Vietnam sub-committee .
The two sides highly valued theclose cooperation between agencies and local governments at all levels,in organising activities celebrating the Vietnam-Laos Friendship Year.
They also noted the expanding cooperation indefence-security, education and human resource training, as well as thesmooth coordination between the two countries at multi-lateral forums.
Regarding economic ties, by June this year,Vietnamese businesses had invested in 435 projects worth 5.2 billion USDin Laos .
Import-export turnover between thetwo countries reached almost 466 million USD in the period from Januaryto June, an increase of 33 percent year on year. The figure is expectedto reach 1 billion USD for the entire 2012.
In theremaining months of this year, the two sides plan to organisenegotiation teams for a new agreement on investment encouragement andprotection. The two countries will also continue to carry outeffectively the project on bilateral trade development for the2008-2015.
At the meeting, the two Deputy Prime Ministerswitnessed the signing of the meeting’s minute, an agreement on pilotimplementation of Vietnamese Government-financed projects, and a deal onexploring lead and zinc ores in Xieng Khouang.
As part ofhis visit to Laos , Deputy Prime Minister Nguyen Xuan Phuc on August 11made a tour of the Luông Phabang Senior High School , which isunder construction as a gift of former Vietnamese Party GeneralSecretary Nong Duc Manh, to Luang Prabang province.
Work on theschool started last November and is expected to complete this Decemberto mark the Vietnam-Laos Friendship Year 2012.
Also the sameday, Phuc visited the Royal Palace and Phanom village, whichspecialises in producing traditional brocade and silver products.-VNA
