Vietnam attaches importance to East - West Economic Corridor, CLV Development Triangle Area
Vietnam always attaches great importance to the role of the East - West Economic Corridor (EWEC) and the Cambodia-Laos-Vietnam (CLV) Development Triangle Area, and prioritises the allocation of resources to promote cooperation in the area, Nguyen Van Trung, Vietnamese Consul General in Pakse, Champasak province of Laos, said at a trade, investment and tourism promotion forum in the Lao locality on April 10.
Nguyen Van Trung, Vietnamese Consul General in Pakse, Champasak province of Laos, speaks at the forum. (Photo: VNA)
Vientiane (VNA) – Vietnam always attaches greatimportance to the role of the East - West Economic Corridor (EWEC) and the Cambodia-Laos-Vietnam(CLV) Development Triangle Area, and prioritises the allocation of resources topromote cooperation in the area, Nguyen Van Trung, Vietnamese ConsulGeneral in Pakse, Champasak province of Laos, said at a trade, investment and tourismpromotion forum in the Lao locality on April 10.
Trung noted that over the years, Vietnam, Laos, Cambodia andThailand have conducted many joint cooperation programmes to boost thedevelopment of the East - West Economic Corridor and the CLV DevelopmentTriangle Area.
Besides, Vietnamese localities have actively invested ininfrastructure facilities to strengthen transport, seaport and logistics connectivitywith their peers in Laos, Cambodia and Thailand, while fostering trade, investmentand tourism links with the countries, Trung said at the event, whichgathered leaders and businesses of 18 localities from the four countries.
At the forum, representatives of localities of the fourcountries highlighted their potential and strength in trade,investment and tourism, enabling them to build plans to implementcooperation content to suit the demands and strengths of each localities, thuscontributing to promoting the development of the East - West Economic Corridorand the CLV Development Triangle Area.
Initiated in 1998, the East - West Economic Corridor is an economic developmentcooperation programme in the Mekong Sub-Region with a 1,450 km long road startingfrom Mawlamyine, Myanmar and ending in Da Nang city of Vietnam, connecting Myanmar and Vietnam via Thailand and Laos. The initiativeaims to strengthen economic cooperation, promote trade, investment and developmentamong member countries, while reducing transportation costs, facilitating goodstraffic and supporting the growth of localities on the route.
Meanwhile, the CLV Development Triangle Area was establishedin 1999 with the purpose of implementing cooperation programmes in the borderareas of the three countries across many fields such as traffic,telecommunications, energy, investment, trade, agriculture, tourism, health care,culture and education, contributing to promoting socio-economic development,reducing poverty and enhancing connectivity in the area./.
Chairman of the National Assembly (NA) Vuong Dinh Hue and a high-ranking NA delegation of Vietnam left Hanoi on December 4 morning for the first Cambodia - Laos - Vietnam (CLV) Parliamentary Summit and a working visit to Laos from December 4 to 7, and an official visit to Thailand from December 7 to 10.
A session on enhancing parliamentary cooperation in promoting connectivity among the economies of Cambodia, Laos, Vietnam (CLV) towards sustainable and inclusive development took place in Vientiane, Laos on December 5, as part of the first CLV Parliamentary Summit.
A 2024 trade, investment and tourism exhibition of the Cambodia-Laos-Vietnam (CLV) Development Triangle Area kicked off in the Laos’s southern province of Attapeu on February 27 evening.
The Senior Officials’ Meeting (SOM) of the Cambodia-Laos-Vietnam (CLV) Development Triangle Area took place in the Lao southern province of Attapeu on February 29, as part of the 13th Meeting of the Joint Coordination Committee (JCC) on the CLV Development Triangle Area underway from February 26-March 1.
Cambodia, Laos, and Vietnam should outline breakthrough measures for infrastructure and human resources development as well as institutional reform so as to carry out and build cooperation plans for the Cambodia – Laos – Vietnam (CLV) Development Triangle Area, Minister of Planning and Investment Nguyen Chi Dung said on March 1.
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.
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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.
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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.
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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.
Nguyen Van Trung, Vietnamese Consul General in Pakse, Champasak province of Laos, speaks at the forum. (Photo: VNA) 
