Vietnam to boost investment cooperation with Laos
Vietnam will tighten its ties of trade and investment cooperation with Laos by through business deals by economic groups.
Prime Minister Nguyen Tan Dung made the statement at a meeting with Lao State President Choummaly Sayasone in Vientiane on November 4.
The two leaders expressed their delight at the growing ties between the two nations over the past 50 years.
They spoke highly of the successful organization of events to mark the Vietnam-Laos Friendship Year.
He also congratulated Laos on becoming a member of the World Trade Organisation, which he said marks an important step in the way to integrating into the international community.
Mr. Dung thanked the country for its active preparations for ASEM 9 and other Asia-Europe events this year.
The Lao President said his country will create favourable conditions for implementation of projects signed between Vietnam and Laos with greater efficiency.
The two sides agreed to bring two-way trade turnover to a level of US$1 billion this year and US$2 billion in 2015.