Vietnamese, Lao PMs meet business communities

Hanoi – Vietnamese Prime Minister Pham Minh Chinh and his Lao counterpart Phankham Viphavanh met with 60 Vietnamese and 20 Lao enterprises in Hanoi on January 10.

At the event, Vietnamese firms expressed their interest in investing in Laos regarding agriculture, digital economy, and infrastructure projects.

They proposed the Lao Government and localities continue tackling obstacles in administrative procedures, issue development planning of its sectors, and provide Vietnamese investors with a source of high quality human resources.

Meanwhile, Lao businesses affirmed their determination to strengthen their sound collaboration with their Vietnamese peers across all fields, particularly energy, banking, and logistics. They hoped the Vietnamese Government, banks, and firms to assist them in their investment and development processes.

PM Chinh said the two nations need to team up in economic development. He recommended their ministries, sectors, localities, and enterprises enhance their connectivity of mutual benefits and shared risks within the Vietnam-Laos, Vietnam-Laos-Cambodia networks and in the region and the world.

The two PMs stressed Vietnamese and Lao firms should build their partnerships based on equality, sincerity, and mutual benefits.

They wished that Vietnam will top the lineup of countries and territories investing in Laos and that more Lao investors will channel their capital into Vietnam.

Both Government leaders witnessed the handover of investment licence certificates to Vietnamese and Lao businesses at the meeting.