During their talks in Vientiane on June 24 as part of activities of the
Vietnam leader’s working visit to Laos on June 24 -25, the two sides reached
agreements to strengthen multifaceted cooperation between the two countries,
especially in security-defence, and trade.
“Vietnamese people and leaders always wish that Laos
would develop stably and prosperously with higher position in the region and
international arena,” Deputy PM Dung said.
The two sides expressed their joy at the fruitful
development of the traditional friendship, special solidarity and
comprehensive cooperation between Vietnam and Laos, while agreeing to well
implement high-level agreements on bilateral cooperation reached at the 41st
meeting of the Vietnam-Laos Inter-Governmental Committee.
They agreed to maintain the exchange of visits and
focus on sharing information, experience, and preparations for the Party
congress in each country in 2021.
Regarding security-defence cooperation, the two
sides will continue to implement the agreement between the two governments
on dealing with free migration and undocumented marriage along the shared
border, and accelerate the signing of cooperative agreements on security and
They discussed measures to expand economic, trade
and investment cooperation, focusing on ways to remove difficulties facing
Vietnamese firms operating in Laos.
Statistics show that bilateral two-way trade in the
first five months of 2019 hit nearly 493 million USD, up 13.4 percent
Vietnam remains the third largest investor in Laos
with 410 projects worth 4.22 billion USD and Vietnamese companies have
significantly contributed to socio-economic development of the neighbouring
Deputy PM Dung suggested the Lao side create more
favourable conditions for Vietnamese enterprises to seek investment
opportunities in Laos, especially investing in projects in border areas, and
soon organise the 2nd business dialogue conference between the Lao PM and
Vietnamese firms, which was delayed from December last year.
For his part, Lao Deputy PM Sonexay Siphandone
stressed the need for the two sides to expand and diversify trade promotion
activities, and promote the building and signing of a memorandum of
understanding or an agreement on developing and connecting border trade
infrastructure in 2019, while reviewing and making adjustments to the
Vietnam - Laos Trade Agreement and the Vietnam-Laos Border Trade Agreement
signed in 2015.
He appreciated the Vietnamese Government's care
about the construction of the new National Assembly House for Laos to ensure
it meets the planned schedule.
The Lao Government always attaches importance to and
facilitate Vietnamese firms’ projects in Laos, especially key projects on
hydroelectricity, mining and infrastructure, he said.
The two sides agreed to enhance cooperation on
education and human resources development, focusing on building strategies
in the field for the 2020-2030 period.
They discussed cooperation at international forums,
and pledged to strengthen ties in sub-region cooperation mechanisms such as
the Greater Mekong Sub-region (GMS), the Cambodia-Laos-Vietnam (CLV), the
Cambodia-Laos-Myanmar-Vietnam (CLMV), and the Ayeyarwady-Chao Phraya-Mekong
Deputy PM Dung took the occasion to thank Laos for
having active support for Vietnam’s non-permanent membership on the UN
Security Council for 2020-2021 and asked for the country’s active
coordination when Vietnam takes the ASEAN Chair in 2020.
After their talks, the Vietnamese and Lao leader
witnessed the signing of a power purchase agreement between the Vietnam
Electricity (EVN) and Phongsubthavy Group Co., Ltd of Laos.
Later on the day, Deputy PM Dung had a meeting with
Lao National Assembly Vice Chairman Somphanh Phengkhammy on the project on
the building of the new National Assembly House of Laos, which is a gift
from the Party, State and people of Vietnam.
Visiting the construction site, Deputy PM Dung urged
relevant agencies of the two countries to make greater effort to complete
the work on schedule.-VNA.