PM calls for increased Mekong co-operation

Prime Minister Nguyễn Xuân Phúc called on six countries along the Mekong River to increase co-operation in protecting, managing and effectively and sustainably using water resources in the river while addressing the Mekong-Lancang Co-operation (MLC) Summit which opened in Phnom Penh, Cambodia, yesterday.
pm calls for increased mekong co operation

Prime Minister Nguyễn Xuân Phúc has called on six riparian countries of the Mekong River to increase co-operation in protecting, managing and using sustainably its resources.

Addressing the Mekong-Lancang Co-operation (MLC) Summit that opened in Phnom Penh, Cambodia, yesterday, he said initial co-operation priority should be given to sharing of hydro-meteorological information and data, coping with droughts and floods; and carrying out scientific studies to build a mechanism for reservoirs to regulate river’s flow.

He also pointed to the need to develop a complete infrastructure system to link and create favourable conditions for trading activities, services, and transportation of local people; and support all riparian countries to tap opportunities from the 4.0 Industrial Revolution to promote industrialisation of member countries.

At the conference, leaders of member countries approved the Phnom Penh Declaration and a five-year (2018-2022) Action Plan for Mekong-Lancang co-operation.

They agreed to increase co-operation in managing and sustainably using water resources of the Mekong River via many activities including policy dialogue, building and improving a system to supervise water quality, sharing hydro-meteorological information and data, stepping up technical co-operation, improving water management capacity and setting up soon a common hotline for emergencies.

With the theme “Peaceful river and our sustainable development,” the summit will review co-operation among the riparian countries over the last two years, discuss future co-operation orientations, and hear reports from several working groups.

The MLC is a sub-regional co-operation mechanism that was established in 2016 by the riparian countries of Cambodia, China, Laos, Myanmar, Thailand and Việt Nam.

Meeting with leaders

On the sidelines of the summit, PM Phúc affirmed Việt Nam’s consistent policy of strengthening good neighbourliness, traditional friendship, and comprehensive and long-lasting cooperation with Cambodia during a working session with his Cambodian counterpart Hun Sen.

The two PMs agreed to take more effective measures to raise the awareness of the two countries’ people, especially younger generations, about the bilateral friendship and all-around co-operation founded and fostered by generations of predecessors.

They discussed ways to boost bilateral ties across trade, transport, finance-banking for mutual benefit. They also agreed to speed up the demarcation of land borders and the planting of border markers in order to complete the work as early as possible.

Later yesterday, Phúc met with Lao Prime Minister Thongloun Sisoulit.

He asked the Lao Government to simplify procedures and reduce costs for getting visas, labour permits and resident status for Vietnamese workers, helping them stabilise their lives and contribute to Laos’s socioeconomic development.

The two PMs agreed to direct their ministries, branches and localities to co-ordinate preparations for the 40th meeting of the Việt Nam-Laos Inter-governmental Committee slated for early this year.

They also affirmed that they will continue working to deepen bilateral political relations and collaborate in carrying out drastic and comprehensive measures to strengthen their economic partnership, paying attention to key investment projects and removing bottlenecks for enterprises from both sides.

China ties hailed

PM Phúc also met yesterday with Chinese Premier Li Keqiang and highlighted development of bilateral ties in 2017.

He affirmed that Việt Nam places great importance on developing its comprehensive strategic co-operative partnership with China, particularly in economy, trade and investment.

He proposed that the two sides continue promoting regular visits and meetings between leaders and promote co-operation for mutual benefit in agriculture, environmental protection, climate change adaptation and science and technology as well as in finance and transportation.

Li said that China also wished to work with Việt Nam to develop their bilateral comprehensive strategic co-operative partnership in a sustainable and stable manner.

In another meeting with Thai PM Prayut Chan-ocha yesterday, PM Phúc expressed his pleasure at the positive development of bilateral relations. Two-way trade turnover between the two countries reached US$15 billion in 2017, he noted.

The two PMs discussed measures to increase co-operation between the two countries in the coming years. — VNS

Source: VietnamNews

Related News

Recurrent spending seriously controlled: Deputy PM and MoF Ho Duc Phoc

Recurrent spending seriously controlled: Deputy PM and MoF Ho Duc Phoc

VCN - According to Deputy Prime Minister and Minister of Finance Ho Duc Phoc, in the recurrent spending structure, the spending on salaries and salary allowances accounts for a large proportion but is difficult to cut, so it is necessary to encourage savings on other expenditures such as spending for business travel, conferences, etc.
Coconut is expected to become a billion-dollar export item

Coconut is expected to become a billion-dollar export item

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.
Fiscal policy achieves many positive results

Fiscal policy achieves many positive results

VCN – In the context of a rapidly changing and unpredictable situation, Associate Professor, PhD. Tran Hoang Ngan, member of the National Assembly's Economic Committee, a representative of the HCM City National Assembly, said that it is necessary to implement urgent and fundamental solutions for the economy to adapt and develop, in which fiscal policy has ensured support for people and businesses.
Improving the legal corridor in anti-smuggling work

Improving the legal corridor in anti-smuggling work

VCN - The fight against crime, smuggling, trade fraud and fake goods has recently seen many positive results in the context of the country facing many difficulties and challenges.

Latest News

Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
Coffee prices hit record highs, heightening speculation risks

Coffee prices hit record highs, heightening speculation risks

Phan Minh Thông, Chairman of Phúc Sinh JSC, called the price surge "insane," warning of continued increases as businesses are compelled to trade at elevated prices instead of following pre-set contracts.
Exports witness a rise of US$1 billion in the first 15 days of 2025

Exports witness a rise of US$1 billion in the first 15 days of 2025

VCN - Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.
Central industrial hub sets ambitious growth target in 2025

Central industrial hub sets ambitious growth target in 2025

The central province has targeted ambitious growth of up to 10 per cent with some key strategic industrial investment projects in 2025, contributing VNĐ25 trillion (US$1 billion) to the State budget.

More News

Demand for dragon fruit in Tiền Giang Province continues to increase

Demand for dragon fruit in Tiền Giang Province continues to increase

Dragon fruit prices in Tiền Giang Province remain high after the Lunar New Year due to increased demand from China and domestic consumption.
Data centres are attracting investors in Asia

Data centres are attracting investors in Asia

The global data centre market reached new heights in 2024, driven by the growing demand for generative AI, which has triggered a new wave of investment.
US or China: Who will lead in Vietnamese Tra fish imports?

US or China: Who will lead in Vietnamese Tra fish imports?

VCN - Given that tra fish is a key export commodity for Vietnam's seafood industry, the question arises whether the United States will surpass China as the leading importer of this product in 2025.
Sustainable fashion presents promising niche market for textile manufacturers

Sustainable fashion presents promising niche market for textile manufacturers

The combination of sustainability and culture will open up more opportunities for Vietnamese textile enterprises to strengthen their position in the global market and capture the promising Nordic fashion market.
VN

VN's car industry to diversify supply chain

While China remains a significant supplier, recent trade data highlights Việt Nam’s efforts to diversify supply to meet industry demands.
Exports of agro-forestry-aquatic products down nearly 5 per cent in January

Exports of agro-forestry-aquatic products down nearly 5 per cent in January

Việt Nam’s export value of agro-forestry-aquatic products was estimated at US$5.08 billion in January, marking a 4.9 per cent decline compared to the same period last year.
Thailand reviews anti-dumping tax on Vietnamese steel

Thailand reviews anti-dumping tax on Vietnamese steel

TRAV recommended that the Việt Nam Steel Association (VSA) notify relevant local manufacturers and exporters to answer the investigation questionnaire within the prescribed deadline.
In the first 15 days of 2025, total import-export turnover reached more than US$34 billion

In the first 15 days of 2025, total import-export turnover reached more than US$34 billion

VCN - Total import-export turnover in the first half of January 2025 reached more than US$34 billion, the trade balance had a deficit of nearly US$2 billion.
Pangasius fetch record price in early 2025

Pangasius fetch record price in early 2025

Currently, larger pangasius weighing over 1.2kg, are selling at VNĐ32,440 (US$1.29) per kilogram, a record high not seen since 2022.
Read More

Your care

Latest Most read
Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
Coffee prices hit record highs, heightening speculation risks

Coffee prices hit record highs, heightening speculation risks

Phan Minh Thông, Chairman of Phúc Sinh JSC, called the price surge "insane," warning of continued increases as businesses are compelled to trade at elevated prices instead of following pre-set contracts.
Exports witness a rise of US$1 billion in the first 15 days of 2025

Exports witness a rise of US$1 billion in the first 15 days of 2025

Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.
Central industrial hub sets ambitious growth target in 2025

Central industrial hub sets ambitious growth target in 2025

The central province has targeted ambitious growth of up to 10 per cent with some key strategic industrial investment projects in 2025, contributing VNĐ25 trillion (US$1 billion) to the State budget.
Demand for dragon fruit in Tiền Giang Province continues to increase

Demand for dragon fruit in Tiền Giang Province continues to increase

Dragon fruit prices in Tiền Giang Province remain high after the Lunar New Year due to increased demand from China and domestic consumption.
Mobile Version