The Hanoitimes - Prime Minister Nguyen Xuan Phuc has appreciated efforts made by Vietnamese investors in Laos to ensure their projects are implemented as scheduled, thus contributing to developing the Vietnam-Laos economic ties.
Meeting with businesses which are members of the Association of Vietnamese Investors in Laos in Vientiane on April 27, PM Phuc affirmed that the Party and State always facilitate Vietnamese enterprises to invest in Laos.
He suggested investors focus on fields which are Vietnam’s strengths such as agriculture, pharmaceutical products, and animal husbandry.
The Government leader asked investors to turn their words into actions while doing business in Laos, while requesting the Association of Vietnamese Investors in Laos to organise dialogues and invite leaders of the Lao government and management agencies to take part in.
At the meeting, representatives of Vietnamese investors in Laos proposed the government carry out measures to perfect the legal framework on economic cooperation as well as incentives to help businesses deal with difficulties to ensure their projects’ progress.
The government should pay more attention to cooperation in several key sectors to make the bilateral relations more practical and effective, they said.
On this occasion, PM Phuc and his Lao counterpart Thongloun Sisoulith attended a ceremony to inaugurate Crowne Plaza hotel – a joint project of the two countries’ businesses. The hotel, which was built from September 2011 and put into operation in January 2017, is considered one of the most modern hotels in Vientiane.
Translated by Tuan Minh