Hanoi, Vientiane improve State management in industry, trade
The Hanoi Department of Industry and Trade and the Vientiane Department of Industry and Trade of Laos held a conference in Hanoi on July 3 to share experience in State management in the field of industry and trade.
Hanoi (VNA)♛ – The Hanoi Department of Industry and Trade and the Vientiane Department of Industry and Trade of Laos held a conference in Hanoi on July 3 to share experience in State management in the field of industry and trade.
The event was meant to realise their cooperation agreement for the 2022 – 2025 period signed in Vientiane on November 4, 2022.
Both sides focused their discussions on improving the management in the sector and the capacity of personnel, stabilising the market, promoting trade and developing the One District One Product (ODOP) and the One Commune One Product (OCOP) distribution systems, and raw material zones for production, bringing goods to supermarkets and shopping malls in the two cities, and promoting the consumption of traditional craft products.
They also mulled over the development of handicraft products from traditional craft villages, focusing on product designs that are environmentally friendly and suitable for export, as well as solutions to vocational training in craft villages in Vientiane and Hanoi.
Last year, Hanoi's exports to Laos was estimated at 200 million USD, or 1.2% of Hanoi's total exports, up 20% annually. Its major exports include minerals, machinery and equipment, and electronic components-computers, accounting for 14.8%, 14.4% and 5.3% of the total, respectively.
Meanwhile, its imports from Laos reached 211 million USD, equivalent to 0.5% of its total imports, up 1𒀰2.6% year-on-year, mostly farm produce, fertiliser, and food.
Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan speaks at the event (Photo: VNA)
In a recent visit to Laos by member of the standing board of the municipal Party Committee and permanent Vice Chairwoman of the municipal People’s Council Phung Thi Hong Ha, as many as 13 memoranda of understanding between Hanoi and Lao enterprises were signed, opening up opportunities to develop material zones and bring more goods from Vientiane and Luang Prabang province to Hanoi and vice versa.
Director of the Vientiane Department of Industry and Trade Vanmany Phimmasan expressed his hope that the Hanoi side will consider holding effective trade promotion activities and encourage Lao investmenไt in agꦺriculture, farm produce processing and technology transfer, thus helping Laos goods penetrate into the distribution channels of Hanoi and reach the global market./.
The capital city of Hanoi is ready to further expand friendship and cooperation activities in various fields, including those of people-elected bodies, thereby contributing to fostering Vietnam-Laos special relationship, chairman of the municipal People’s Council Nguyen Ngoc Tuan has said.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
At the event (Photo: VNA)
Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan speaks at the event (Photo: VNA)
