Strengthen exchange of experience between the two Ministries of Planning and Investment of Vietnam and Laos

Monday, 28 September 2015
In the afternoon of September 11th 2015, Deputy Minister Nguyen Chi Dung had a meeting with Mr. Somdy Douangdy, Minister of the MPI of Laos and his delegation visiting and working with the MPI of Vietnam.

During the visiting and working with the MPI of Vietnam from 9th to 11th September 2015, the MPI of Vietnam shared some information on setting out vision to 2030, strategy for 2016-2025 and socio-economic development plan for the next 5 years, specifically, in researching long-term development Strategy and linking with socio-economic development Plan for 5 years and every year; Linking regional and international development goals, especially Sustainable Development Goals (SDGs), Green Growth… with socio-economic development plan for 5 years, every year and long-term development strategy of Vietnam; Experience of Vietnam in overcoming low development; Policy, strategy, solutions and steps to industrialization and modernization, toward socialism in Vietnam; Funds for implementation of socio-economic development plan for every year and 5 years; Development Strategy for regions and localities, decentralization between Centre and locality; Planning for integration into ASEAN Economic Community and Vietnam’s commitments after joining the World Trade Organization.

Deputy Minister Nguyen Chi Dung and MinisterSomdy Douangdy taking photo with delegation of the two countries. Photo: Duc Trung (MPI Portal)

Speaking at the meeting, Deputy Minister Nguyen Chi Dung assessed this is a favorable time to share experiences to Lao MPI. Vietnam has just completed formulating the plan for 2016-2020 and coordinated with the World Bank to develop the Report “Vietnam 2035” in order to set out the assessments and summary of Innovation process nearly 30 years of Vietnam, as well as define new trends, future context, advantages, difficulties and challenges ahead.

The Deputy Minister affirmed that Vietnam is always ready to guide and share information to Laos, contributing to helping more rapid and sustainable development of Laos, absorbing experience lessons from Vietnam to avoid errors, thereby promoting investment cooperation and elevating bilateral relations.

Thanking the MPI of Vietnam for sharing experience, Minister of Lao MPI hoped to have more visits at all levels between the two countries and learn more from Vietnamese MPI, especially support to enhance statistical capacity in calculation of targets and goals socio-economic development for the next 5 years.

At the meeting, the Leaders of the two Ministries discussed and exchanged information on Senior Officials Meeting on Cambodia – Laos – Vietnam (CLV) Development Triangle Area on December 2015 as well as committed to boost meeting and exchanging experience between the two Ministries in coming time./.


Van Hai (Source: MPI)

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