Vietnamese-funded Academy of Economics and Finance inaugurated in Laos
The Vietnamese-funded Dongkhamxang Academy of Economics and Finance (third phase) was inaugurated in Vientiane capital on January 11 within the framework of the official visit to Laos by Prime Minister Pham Minh Chinh.
Vientiane (VNA) – The Vietnamese-funded DongkhamxangAcademy of Economics and Finance (third phase) was inaugurated in Vientiane capital onJanuary 11 within the framework of the official visit to Laos by Prime MinisterPham Minh Chinh.
The project, launched in 2017, had totalinvestment capital of 176 billion VND (7.5 million USD), of which 158 billionVND was non-refundable aid from the Vietnamese Government.
Vietnamese Minister of Finance Ho Duc Phoc speaks at the ceremony. (Photo: VNA)
Present at the ceremony, Vietnamese Minister ofFinance Ho Duc Phoc said the academy can admit up to 4,000 students and officialsin the financial sector, expressing hishope that it will provide high-quality personnel, thus contributing to the process of nationalconstruction and reform in Laos.
Spanning over 155,000 square metres, the projectincludes buildings for study, research, physical training, and dormitory, amongother facilities.
It formed part of an agreement on bilateralcooperation between the Vietnamese and Lao Governments for 2016 – 2020./.
Prime Minister Pham Minh Chinh pays an official visit to Laos from January 11-12 at the invitation of his Lao counterpart Sonexay Siphandon. The visit affirms Vietnam’s consistent policy of treasuring and prioritising the great friendship, special solidarity and comprehensive partnership between the two nations.
Vietnamese Prime Minister Pham Minh Chinh and Chairman of the Lao National Assembly (NA) Saysomphone Phomvihane affirmed that they always treasure and give the highest priority to consolidating and strengthening the great friendship, special solidarity and comprehensive cooperation between the two countries.
Prime Minister Pham Minh Chinh arrived in Vientiane on January 11 morning, beginning his two-day official visit to Laos at the invitation of his Lao counterpart Sonexay Siphandone.
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At the inauguration ceremony. (Photo: VNA) 
Vietnamese Minister of Finance Ho Duc Phoc speaks at the ceremony. (Photo: VNA) 
