Promoting economic cooperation between Vietnam and Laos

An international seminar on Vietnamese and Lao socio-economic developments in the next ten years (2011-2020) was held in Vientiane, Laos on July 25.

The seminar organised by the Vietnam National Economics University (NEC), the Lao National Social Sciences Institute and National University aims to devise measures to boost economic cooperation between Laos and Vietnam.

Participants in the seminar focused on discussing four main issues, such as macroeconomic growth model, economic restructuring of Lao key industries, FDI attraction and international economic integration and human resources development and social welfare.

Lao and Vietnamese experts analysed the socio-economic situation in each country and proposed breakthrough measures to effectively implement targets set by the two countries.

They agreed that the two countries should associate economic cooperation between the two countries with regional development, especially with ASEAN.

The seminar will send proposals for economic cooperation to the two governments.

The Vietnamese NEC will cooperate with Lao institutes and universities in specific fields. – VOV

Tags: Vietnam Laos cooperation, Vietnam Laos trade