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PM Nguyen Xuan Phuc (R) and Lao Deputy PM and Finance Minister Somdy Douangdy, Ha Noi, August 5, 2016 - Photo: VGP/Quang Hieu
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PM Phuc made the point yesterday in Ha Noi while hosting a reception for Lao Deputy PM and Finance Minister Somdy Douangdy who was on a working visit to Viet Nam.
According to the host leader, Viet Nam and Laos possessed a close brotherhood and shared numerous experience on national development.
Viet Nam, said the PM, promises to spare no effort to nurture the special and comprehensive friendship. Vietnamese localities have deep sentiments towards Lao peers and support them on socio-economic development.
PM Phuc suggested the Lao leader support Vietnamese investors in the neighboring country; regarding them as a component of the Lao economy and offering supportive policies on taxes and fees.
He also affirmed that the Vietnamese Government committed to proactively backing Lao enterprises here; calling on the two sides to extricate business obstacles to spur the bilateral trade in accordance with respective potentials.
The Vietnamese side is researching on key transport projects with a view to connecting the two economies, PM Phuc added.
For his part, Deputy PM Somdy Douangdy took the occasion to thank the valuable support of the Party, Government and people of Viet Nam and pledged to nurture the special and comprehensive ties.
The guest leader briefed the host about his productive talks with the Vietnamese Minister of Finance, especially on the issues of institutional building, financial policies, and the settlement of public debts./.
By Kim Loan
