Friendship and solidarity year

National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held  talks. (Photo: VNA) Hanoi (VNA) - National Assembly Chairman Vuong Dinh Hue and his host counterpart Saysomphone Phomvihan on May 16 held  talks following an official welcome ceremony for the former. Hue is now in Laos on an official visit. The Lao leader spoke highly of the significance of the visit, the first by a key Vietnamese leader to Laos in the " Year of Solidarity and Friendship " between Viethnam and Laos. The year 2022 marks the 60th anniversary of the establishment of diplomatic relations between the two countries and the 45th anniversary of the signing of the Vietnam-Laos Treaty of Friendship and Cooperation. This is also the highest-level delegation of a foreign National Assembly to visit Laos since the success of the 11th Congress of the Lao People's Revolutionary Party and the beginning of the 9th National Assembly term of Laos. For his part, … [Read more...] about NA leader holds talks with Lao counterpart

At the groundbreaking ceremony of the park (Photo: VNA) Vientiane (VNA) – National Assembly Chairman Vuong Dinh Hue and his Lao counterpart Saysomphone Phomvihane have attended the groundbreaking ceremony of the Laos-Vietnam friendship park in Vientiane, as part of his official visit to the neighbouring country. The May 15 event took place on the occasion of the 60th anniversary of the bilateral diplomatic ties (September 5, 1962) and 45 years of the signing of the Laos - Vietnam Treaty of Amity and Cooperation (July 18, 1977). The Vietnamese Ministry of Culture, Sports and Tourism and the Office of the Lao People’s Revolutionary Party (LPRP) Central Committee are the main investors of the project. The park is located at Dong Mak Khai which is planned to be turned into a large urban centre of Vientiane capital city. It is a symbol of the special solidarity and close-knit ties between Vietnamese and Lao Parties, States and peoples, said Vietnamese Ambassador Nguyen Ba … [Read more...] about NA Chairman attends groundbreaking ceremony of Laos-Vietnam park

According to the article, titled “Laos-Vietnam relations are deepening,” the visit takes place in the context that the two countries are preparing to celebrate the 60th anniversary of the establishment of diplomatic relations (September 5, 1962 - September 5, 2022) and the 45th anniversary of the signing of the Treaty of Amity and Cooperation (July 18, 1977 - July 18, 2022) and the Laos - Vietnam Solidarity and Friendship Year 2022. It affirmed that the visit to Laos of the high-ranking Vietnamese delegation allows the two nations to continue inheriting, cultivating and developing the great friendship, special solidarity and comprehensive relationship between the two Parties, the two States and the people of Laos and Vietnam. According to the article, Laos and Vietnam share a border of more than 2,000km, and the close relationship between the two countries has been cultivated since the historical period of national construction and defense in each country. The great friendship, … [Read more...] about Lao newspaper spotlights Vietnamese N.A. Chairman’s official visit

At the talks, the Vietnamese defense minister expressed his delight at meeting with Tea Banh, Cambodian Deputy PM, Defense Minister and co-chairing the first aforementioned exchange. General Giang emphasized the special significance of the first Vietnam-Cambodia Border Defense Friendship Exchange since  the first time the two defense ministries hold a border defense friendship exchange at the defense minister level. More significantly, the exchange is held in this year which is selected to be the Vietnam - Cambodia and Cambodia - Vietnam Friendship Year and marks the 55th anniversary of the establishment of the two countries’ diplomatic ties (June 24, 1967 - 2022), and the 45th anniversary of Cambodian PM Hun Sen’s “Journey to the fall of the Pol Pot genocidal regime” (June 20, 1977 - 2022). The Vietnamese defense chief expressed his emotion when receiving sincere, warm and friendly welcome of the local people and the Cambodian Ministry of National Defense during the activities … [Read more...] about Vietnamese, Cambodian defense ministers hold talks

LVB was established on June 22, 1999 and had charter capital of 791.3 billion LAK (100 million USD at the date of capital contribution). Present in nine of the 18 provinces and cities in Laos, it is Vietnam’s leading commercial bank and also one of the three largest financial institutions in the country, with total assets currently approximating 1.1 billion USD - ranking third in the local banking system. Speaking highly of the bank’s development over the last 23 years, Chairman Hue, who is paying an official visit to Laos, said BIDV should help promote investment and give advice to Vietnamese firms planning to invest and do business in Laos. As bilateral trade stands at only 1.3 billion USD at present, much lower than the target of 2 billion USD, enterprises should make use of the Lao market, which is in close proximity to Vietnam. Aside from credit services, BIDV and its LVB need to develop non-credit ones so as to help achieve that target, he went on. The great friendship, … [Read more...] about N.A. Chairman visits Lao – Viet Bank in Vientiane

The May 15 event took place on the occasion of the 60th anniversary of the bilateral diplomatic ties (September 5, 1962) and 45 years of the signing of the Laos - Vietnam Treaty of Amity and Cooperation (July 18, 1977). The Vietnamese Ministry of Culture, Sports and Tourism and the Office of the Lao People’s Revolutionary Party (LPRP) Central Committee are the main investors of the project. The park is located at Dong Mak Khai which is planned to be turned into a large urban centre of Vientiane capital city. It is a symbol of the special solidarity and close-knit ties between Vietnamese and Lao Parties, States and peoples, said Vietnamese Ambassador Nguyen Ba Hung at the ceremony. Once operational, the park will serve as an education venue, helping young generations of Vietnam and Laos as well as international friends understand more about the good, pure relationship, he said, noting that the project also demonstrates viewpoints and guidelines of the two Parties and States on … [Read more...] about N.A. Chairman attends groundbreaking ceremony of Laos – Vietnam park