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Lao - Vietnam economy development research cooperation

Fri, 24 Apr 2015. Last updated Mon, 01 Jun 2015 14:27

By dint of cooperating with Laos in terms of economic development research, Vietnam economy and Lao economy will be improved significantly. The two sides discussed many plans and cooperation orientations to develop economy.

Vietnam economy is on the line of sustainable development. In addition, ASEAN Economic Community will be established in 2015; therefore, the issues relating to economic development cooperation are important. Recently, Lao economic strategy development research commission visited Vietnam and worked with Vietnam Central Economics Commission. The Vietnam - Lao cooperation will contribute significantly in the economic development of Vietnam and Laos.

The senior representative of Lao economic strategy development research commission, Mr. Bouasone Bouphavanh, former member of the Politburo, former Prime Minister, Chief, as well as Head of the delegation are paying a working visit in Vietnam from April 21-25, 2015. On April 22 morning, the delegation had a talk with the delegation of Central Economics Commission led by Mr. Vuong Dinh Hue, Member of the Party Central Committee. Head of Central Economics Commission - Mr. Vuong Dinh Hue applauded and highly appreciated the working visit of Lao economic strategy development research commission which has a great significance to the 12th Congress of Communist Party of Vietnam and the 10th Congress of Lao People's Revolutionary Party.


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Highly appreciating the achievements of economic and social development of Laos in term of 2011-2015, Head of Central Economics Commission - Mr. Vuong Dinh Hue exchanged important contents with the delegation about some experiences on 30 - year Vietnam Reform,  important issues related to economic and social fields scheduled to propose at the 12th Congress of the Communist Party of Vietnam, key issues in Vietnam socio - economic development strategy in the future, key points in the restructuring of the economy, and emerging situations and highlights in Vietnam economic development at present. Head of Lao economic strategy development research commission - Bouasone Bouphavanh expressed his pleasure when visiting and exchanging experiences at the same time with the 40th anniversary of Vietnam Southern Liberation, which is not just significant to Vietnam, but also to the revolutionary cause of Lao national liberation.


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Mr. Bouasone Bouphavanh has informed about the highlights of the People's Democratic Republic of Laos in economic-social development; introduced main contents of the drafted report to submit to the 10th Congress of Lao People's Revolutionary Party, and desired to exchange and share experiences in the process of preparing documents. At the talk, the two delegations discussed the situations of world economy, regional economy, and economy of the two countries, along with big problem in the process of preparing documents for Party Congress of the two countries. The two sides also discussed the directions of cooperation between Vietnam and Laos in the time coming. During the visit, the senior delegation of Lao economic strategy development research commission will work with the association of Vietnamese investors in Laos, with City Party Committee of Ho Chi Minh City on socio-economic development, experiences on building strategies, plans, and foreign investment capital attractions, industrial zone management, and city's economic restructure.

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