(VOV) - Laos will create favourable conditions for Vietnamese businesses to invest in the country, said Lao National Assembly Chairwoman Pani Yathotou.
Ms Yathotou affirmed this while receiving a delegation from Vietnam’s central province of Binh Dinh, led by Nguyen Van Thien, Secretary of the provincial Party Committee, on October 21.
The Lao NA leader said she hopes that the two sides will enhance cooperation and improve the quality and efficiency of investment cooperation, contributing to fostering the friendship and comprehensive cooperation between the two countries.
She highly valued the rapid implementation of cooperative agreements between the two countries’ localities. Mr Thien, who is on a working visit to Laos from October 16-25, said the visit aims to review the implementation of cooperative agreements signed by Binh Dinh and southern Lao provinces of Champassak , Sekong, Attapeu and Salavan, and map out orientations for cooperation in the future.
Binh Dinh has cooperated with the Lao localities in investment, growing trees, providing livestock varieties and building agricultural encouragement models, Thien said.
Between 2002-2010, Binh Dinh-based Quy Nhon University helped the Lao side train about 700 students, he added.
On the occasion, Binh Dinh and the Lao provinces signed cooperative programmes in areas of their strengths for 2011-2016.