PM Phuc meets Thai and Lao counterparts on fringes of ACMECS 8

Prime Minister Nguyen Xuan Phuc had bilateral meetings with his Thai and Lao counterparts Prayuth Chan-o-cha, Thongloun Sisoulith on the sidelines of the eighth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit (ACMECS 8) in Bangkok, Thailand, on June 15
pm phuc meets thai and lao counterparts on fringes of acmecs 8

At their meeting, PM Phuc and Thai PM Prayuth Chan-o-cha showed their delight at the development of the bilateral strategic partnership in multiple fields, especially in economics, trade and investment and consented to expedite the implementation of important cooperation mechanisms in 2018, especially the fourth joint cabinet meeting, the meeting of the Joint Committee for Bilateral Cooperation, and the third meeting of the Vietnam – Thailand Joint Trade Committee.

They agreed to build roads along the East-West economic corridor and launch road and waterway connectivity projects to serve trade, transport, tourism and people-to-people exchanges among regional countries.

PM Phuc applauded Thailand’s role, initiatives and contributions within the ACMECS framework, hoping that that the summit will notch up great success with practical results.

He also thanked PM Chan-o-cha for directing the registration and granting of permits to Vietnamese workers and asked the Thai government to extend working areas for Vietnamese guest workers within the bilateral labour cooperation agreement framework.

PM Chan-o-cha, in turn extolled Vietnam’s position and role in the region and ACMECS cooperation in particular and expressed a desire to continue strengthening the bilateral partnership on the basis of increasingly heightened trust, and jointly dealing with existing matters to facilitate trade and investment ties. He told his guest that he wants Vietnam to offer more possible support to Thai enterprises’ investments in the country.

On the occasion, the two leaders witnessed the signing of a Memorandum of Understanding on cooperation between Thailand’s Kasikorn Bank and the Enterprise Development Agency under the Vietnamese Ministry of Planning and Investment, and a contract between Vietnam’s Xuan Cau Ltd Company and Thailand’s B.Grimm to develop Dau Tieng 1 and Dau Tieng 2 solar power plants in the southern province of Tay Ninh.

The same day, PM Phuc and his wife attended a banquet hosted by their Thai counterparts.

pm phuc meets thai and lao counterparts on fringes of acmecs 8

Talking to his Lao counterpart Thongloun Sisoulith, PM Phuc affirmed the Party, Government and people of Vietnam’s recognition of importance to reinforcing the special relationship with Laos, Both sides noted with satisfaction new steps of development in the Vietnam-Laos traditional friendship, special solidarity and all-around cooperation.

With the determination to further boost bilateral ties, the two leader concurred to work together to speed up the full implementation of high-level agreements and the outcomes of the 40th meeting of the Vietnam-Laos Inter-governmental Committee and underlined the need to remove obstacles, particularly in key projects on energy, mining, and transport connectivity.

PM Phuc said he believes that the Lao Party, Government and people will successfully carry out the goals set in the Resolution of the 10th Party Congress of the Lao People’s Revolutionary Party and the eight five-year socio-economic development plan for 2016 -2020.

He thanked the governments of Laos and other ASEAN member states for their commitments to supporting Vietnam’s candidacy for a non-permanent seat in the UN Security Council in the 2020-2021 term. He also thanked Laos for its support to Vietnam’s initiatives at the UN Human Rights Council.

The two nations should continue exchanging information and work hand in hand in ASEAN and at multilateral forums for peace, security and sustainable development in each country, in the region and the world as a whole.

PM Sisoulith said he will soon meet and have discussions with Vietnamese businesses operating in Laos and pledged to direct Lao ministries, sectors and localities to work with their Vietnamese partners to deal with difficulties and obstacles in cooperation, particularly in major projects.

PM Phuc used the occasion to thank his counterpart for having accepted an invitation to attend the World Economic Forum on ASEAN in Hanoi next September.

Source: VNA

Related News

Infrastructure development creates momentum for exports to "neighboring" markets

Infrastructure development creates momentum for exports to "neighboring" markets

VCN - Promoting trade in goods and services across the land border has helped Vietnam have a goods exchange scale of tens of billions of dollars. However, the results are still not commensurate with the potential.
Leverage to increase the scale of Vietnam - Laos trade turnover

Leverage to increase the scale of Vietnam - Laos trade turnover

VCN - From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion which is not commensurate with the potential and special relationship between the two countries.
28th AFMM, 11th AFMGM gain great success

28th AFMM, 11th AFMGM gain great success

VCN - In the framework of ASEAN 2024 Financial Cooperation, the 28th ASEAN Finance Ministers' Meeting, the 11th ASEAN Finance Ministers' and Central Bank Governors’ Meetings and related conferences were held in Luang Prabang, Laos from April 4-5. Minister of Finance Ho Duc Phoc led the delegation of the Ministry of Finance of Vietnam to attend the meetings.
Continue to implement and complete important customs cooperation initiatives in ASEAN

Continue to implement and complete important customs cooperation initiatives in ASEAN

VCN - Talking to the press on the sidelines of the 28th ASEAN Finance Ministers' Meeting (AFMM 28) taking place in Luang Prabang, Laos, Vietnam’s Minister of Finance Ho Duc Phoc emphasized that the meeting affirms the determination of ASEAN financial agencies to strengthen cooperation and work together to solve common challenges of the region in the context of the world and the region facing many changes, difficulties and challenges.

Latest News

Promoting e-commerce human resources training in Việt Nam

Promoting e-commerce human resources training in Việt Nam

E-commerce staff are quite young and can quickly accept new technology, which could start businesses in the digital environment.
National Assembly to work on personnel affairs on May 20

National Assembly to work on personnel affairs on May 20

Personnel work will be tabled right after the seventh session of the National Assembly (NA) opens on May 20, according to Secretary General of the NA and Chairman of its Office Bui Van Cuong.
High-quality science, technology human resources key to sustainable growth

High-quality science, technology human resources key to sustainable growth

To achieve sustainable development and help the economy take off, high-quality human resources and advancements in science and technology should be seen as key components, according to insiders.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.

More News

Opportunity for growth and investment links between Vietnam and the US

Opportunity for growth and investment links between Vietnam and the US

VCN- “Before deciding to invest, the US investors are always interested in building the business and investment environment in localities”, US Ambassador to Vietnam Marc E. Knapper told the media.
Positive economic transformations in four months

Positive economic transformations in four months

VCN - In the context of global difficulties and challenges, Vietnam's socio-economic situation in April continues to undergo quite positive transformations, contributing to improving the overall results of the first four months of the year and setting the pace for the following months.
Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Việt Nam, Japan sign MoC on forestry co-operation

Việt Nam, Japan sign MoC on forestry co-operation

In wood product trade, Japan is one of the five biggest importing countries of Việt Nam in the world with about US$1.5-2 billion each year.
Mounting inflationary pressure requires Government’s flexible moves

Mounting inflationary pressure requires Government’s flexible moves

Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government take proactive and flexible actions, some experts have said.
Business conditions numerous and cumbersome: CIEM

Business conditions numerous and cumbersome: CIEM

Major hurdles must be overcome to simplify and streamline regulations governing economic activities, according to the latest report by the Central Institute of Economic Management (CIEM).
Prime Minister chairs seminar with Chinese businesses

Prime Minister chairs seminar with Chinese businesses

Prime Minister Pham Minh Chinh on May 14 chaired a seminar with representatives from 19 Chinese groups specialising in green economy and digital economy.
Vietnam charts vision for sustainable, modern fisheries

Vietnam charts vision for sustainable, modern fisheries

Vietnam aims to have a sustainable and modern fishery sector by 2050, with maritime and inland waters biodiversity preserved and local livelihoods improved.
Vietnam becomes fastest growing digital economy in ASEAN: HSBC

Vietnam becomes fastest growing digital economy in ASEAN: HSBC

Vietnam was the fastest growing digital economy in ASEAN in 2022 and 2023 and it is expected to maintain this position until 2025, with the number of smartphones users anticipated to reach 67.3 million by 2026, accounting for 96.9% Internet users.
Read More

Your care

Latest Most read
Promoting e-commerce human resources training in Việt Nam

Promoting e-commerce human resources training in Việt Nam

E-commerce staff are quite young and can quickly accept new technology, which could start businesses in the digital environment.
National Assembly to work on personnel affairs on May 20

National Assembly to work on personnel affairs on May 20

Personnel work will be tabled right after the seventh session of the National Assembly (NA) opens on May 20, according to Secretary General of the NA and Chairman of its Office Bui Van Cuong.
High-quality science, technology human resources key to sustainable growth

High-quality science, technology human resources key to sustainable growth

To achieve sustainable development and help the economy take off, high-quality human resources and advancements in science and technology should be seen as key components, according to insiders.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.
Opportunity for growth and investment links between Vietnam and the US

Opportunity for growth and investment links between Vietnam and the US

VCN - Currently, the relationship between the US and Vietnam has been upgraded to a comprehensive strategic partnership, which is a solid foundation for the US to assist Vietnam's sustainable development and contribute to improving the business investment
Mobile Version