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Vietnam, Laos share know-how in building economic development policies

Cao Duc Phat, deputy head of the Party Central Committee's Economic Commission, and Bouasone Bouphavanh, head of the Lao National Economic Research Institute, exchanged experience in building socio-economic development policies during a working session in Hanoi on March 19.
Vietnam, Laos share know-how in building economic development policies ảnh 1At the working session (Photo: VNA)

Hanoi (VNA) –
Cao Duc Phat, deputyhead of the Party Central Committee's Economic Commission, and BouasoneBouphavanh, head of the Lao National Economic Research Institute, exchangedexperience in building socio-economic development policies during a workingsession in Hanoi on March 19.

The two sides compared notes on issues of mutualconcerns such as building institutions of the socialist-oriented market economy,reforming State-owned enterprises, developing the private economy,restructuring the economy, and building and implementing the Party’sresolutions on the aforesaid fields.

Phat shared Vietnam’s experience in protecting intellectualproperty, developing the cooperative economy, reforming economic sectors, andstrengthening the Party leadership and State management to obtain rapid andsustainable economic development.

Bouasone Bouphavanh, who is former Lao PrimeMinister, congratulated Vietnam on its socio-economic achievements gained overthe past time.

He expressed his hope to increase cooperationwith the Vietnamese economic commission in the coming time.-VNA
VNA

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