Vietnam, Laos step up financial cooperation

June 27, 2011 | 11:00

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Vietnam is willing to share experience and work closely with Laos to promote the training of Lao lecturers, undergraduates and postgraduates in the field of finance and banking in Vietnam.

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Standing Deputy Prime Minister Nguyen Sinh Hung made the statement at a reception for Lao Minister of Finance Somdi Duongdi in Hanoi on June 26.

Deputy PM Hung said he completely agreed with cooperation programmes between the two countries’ finance ministries and asked them to continue cooperating in this field, contributing to expanding bilateral trade investment.

He said ministries and sectors of the two countries should promote the sharing of experience and assist each other, especially in human resources training for the finance and banking sector to meet the demand of the State economic management system at the central and local levels.

Minister Somdi Duongdi thanked the Vietnamese government and finance ministry for their precious support to Laos in building financial mechanisms, policies and law, which affirm the Vietnam-Laos traditional friendship as an invaluable asset fostered by the two leaders and peoples.

Duongdi said he hoped the Vietnamese government will provide continued support to Laos in training human resources and sharing experience in the financial management in the near future, adding that in the coming time, officials of the two finance ministries would hold an exchange to tighten their cooperation.

VIR/VNA

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