Memorandum of Understanding between Vietnam and Laos

The Memorandum of Understanding between Vietnam and Laos affirmed the determination to strengthen economic cooperation and border trade, towards sustainable development of the two countries.

Within the framework of the 13th Vietnam - Laos Border Trade Development Cooperation Conference jointly organized by the Ministry of Industry and Trade of Vietnam and Laos, on the afternoon of November 7, the Memorandum of Understanding between Vietnam and Laos was presented.

Minutes of the 13th Vietnam - Laos Border Trade Development Cooperation Conference between the Minister of Industry and Trade of Vietnam and the Minister of Industry and Trade of Laos. Photo: Can Dung

The signing ceremony of the Memorandum of Understanding is a strategic step, contributing to perfecting the coordination mechanism between the two sides in developing border trade, investment and connecting infrastructure. This is also an important foundation for the two countries to realize the goal of building a peaceful , stable, cooperative and jointly developed border area.

Minutes of cooperation in developing the domestic market between Vietnam and Laos between the Director of the Department of Domestic Market Management and Development, Ministry of Industry and Trade of Vietnam and the Director of the Department of Domestic Trade, Ministry of Industry and Trade of Laos. Photo: Can Dung

At the conference, delegates witnessed the handover ceremony of the Minutes of the 13th Vietnam - Laos Border Trade Development Cooperation Conference between the Minister of Industry and Trade of Vietnam and the Minister of Industry and Trade of Laos; Minutes of cooperation in developing import and export between Vietnam and Laos between the Director of the Import and Export Department, Ministry of Industry and Trade of Vietnam and the Director of the Foreign Trade Department, Ministry of Industry and Trade of Laos; Minutes of cooperation in developing the domestic market between Vietnam and Laos between the Director of the Department of Domestic Market Management and Development, Ministry of Industry and Trade of Vietnam and the Director of the Department of Domestic Trade, Ministry of Industry and Trade of Laos.

Minutes of cooperation in developing Vietnam - Laos import and export between the Director of the Import and Export Department, Ministry of Industry and Trade of Vietnam and the Director of the Foreign Trade Department, Ministry of Industry and Trade of Laos

At the conference, the Vietnamese Minister of Industry and Trade presented certificates of merit to Lao organizations and individuals who have made many contributions to border trade cooperation; at the same time, the Lao Minister of Industry and Trade also presented certificates of merit to Vietnamese organizations and individuals in recognition of their efforts and positive contributions in promoting cooperation between the two ministries and the two countries.

Vietnam's Minister of Industry and Trade awarded certificates of merit to Lao organizations and individuals. Photo: Can Dung

Lao Minister of Industry and Trade presents certificates of merit to Vietnamese organizations and individuals. Photo: Can Dung

Chairman of Quang Ninh Provincial People's Committee presents souvenirs to the Minister of Industry and Trade of Vietnam and the Minister of Industry and Trade of Laos. Photo: Can Dung

Vietnamese Minister of Industry and Trade presents souvenir to Lao Minister of Industry and Trade. Photo: Can Dung

Lao Minister of Industry and Trade presents certificates of merit to Vietnamese organizations and individuals. Photo: Can Dung

Deputy Minister of Industry and Trade of Vietnam Nguyen Sinh Nhat Tan presented certificates of merit to Lao organizations and individuals. Photo: Can Dung

The 13th Vietnam-Laos Border Trade Development Cooperation Conference is a concrete and practical step in realizing the commitments of the two countries' senior leaders on strengthening economic, trade and investment links. The conference is not only an opportunity to review and evaluate the results of cooperation in the past time but also to set strategic directions for the coming period, when the two economies are entering a period of development and deep integration.

Source: https://congthuong.vn/le-trao-bien-ban-ghi-nho-giua-viet-nam-lao-429478.html