Vietnam, Laos agree to boost cooperation

Vietnam and Laos will continue promoting bilateral cooperation in trade, education and human resources development in the remaining months of 2014.

They agreed on this strategy at a meeting of the Vietnam-Laos cooperation subcommittee in Hanoi on June 17 to review its operations over the past six months and discuss the future.

The two sides will continue the exchange of delegations in various forms and coordinate more in the fight against transnational crime, especially cross-border drug trafficking.

In economic cooperation, they will review Vietnamese-invested projects in Laos to timely solve problems, while boosting connections in agriculture and rural development, especially irrigation projects.

They also agreed to improve the quality and effectiveness of their cooperation in education and human resources development for the 2011-20 period, as well as the protocols on personnel training between the two countries.

Deputy Prime Minister Nguyen Xuan Phuc, Chairman of the subcommittee, asked ministries and agencies to promptly carry out their tasks in the Vietnam-Laos relationship, thus contributing to fostering the special ties and comprehensive cooperation between the two countries.

The Ministry of Planning and Investment reported that so far this year, Vietnam has invested about US$5 billion in Laos, ranking third among foreign investors in the country.
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