(VOVworld) – Delegates from Vietnam, Laos, Cambodia, and Myanmar joined the 6th workshop on monitoring and overseeing budgets towards an effective, transparent public finance system. The conference is co-organized by the Vietnam National Assembly’s Finance and Budget Committee and the World Bank in Da Nang city on Monday. (photo: vovgiaothong.vn) Chairman of the Committee, Phung Quoc Hien, said that Vietnam, Laos, Cambodia, and Myanmar are developing countries and at the initial stage of global economic integration. Their economies are directly or indirectly affected by global economic changes. The Vietnam National Assembly has the constituent and legislative power and supervises the state governance. To decide and monitor state budgets are important tasks, affecting all aspects of the economy. Improving the quality of the National Assembly’s supervisory work in finance and budgetary areas will raise the efficiency of investment resources, budget disbursement, and … [Read more...] about Vietnam, Laos, Cambodia, Myanmar cooperate for transparent administration
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Vietnam, Laos and Cambodia strengthen cooperation in drug combat
(VOVworld)-A Vietnam-Laos-Cambodia ministerial meeting opened in Hanoi Thursday to work out measures against drug trafficking. The event attracted more than 90 delegates who work in the field of drug prevention and control. Addressing the meeting, Deputy Prime Minister Nguyen Xuan Phuc affirmed that the Government of Vietnam has paid due attention to combating illicit drugs and drug-related crime. As a result, the number of drug users has declined remarkably, while drug production areas have been gradually eliminated: "This is a major forum for us to review difficulties and map out solutions to help each other and promote drug control in the 3 countries. It will strengthen cooperation in controlling illicit drugs and mutual support in dealing with drug-related crime." … [Read more...] about Vietnam, Laos and Cambodia strengthen cooperation in drug combat
Promoting friendship and comprehensive co-operation between Vietnam – Laos – Cambodia
NDO - At the invitation of Prime Minister of the Lao People’s Democratic Republic, Thongsing Thammavong, Vietnam Prime Minister Nguyen Tan Dung is heading the Vietnam delegation to the High level meeting of the Vietnam - Laos - Cambodia Development Triangle Area in Vientiane from November 24 to 25, 2014. This is an important regular meeting between the three countries, which reinforces the ceaseless efforts to promote co-operation towards building a united and prosperous ASEAN Community by 2015. … [Read more...] about Promoting friendship and comprehensive co-operation between Vietnam – Laos – Cambodia
Red tape hinders border trade with Laos, Cambodia
Red tape hinders border trade with Laos, Cambodia Ngoc Hung By Ngoc Hung - The Saigon Times Daily HCMC – Delegates at an international seminar in Tay Ninh Province last Friday said complicated procedures at border gates are hindering trade between Vietnam and Laos and Cambodia. Tran Bao Giam, Vietnam’s trade counselor in Laos, said traders as well as travelers were complaining much about import-export and customs procedures. He was speaking at the seminar titled Tay Ninh – Gateway for Vietnam-Laos-Cambodia Border Trade organized by Tay Ninh Province government in collaboration with the trade ministries of the three countries. “Travelers and traders for the most parts do not complain about road conditions, but the procedures that are time consuming and costly,” said Giam, who has worked in Laos for 20 years. Hoang Tho Xuan, an expert with the Trade Research Institute under Vietnam’s Ministry of Industry and Trade, said the three countries were … [Read more...] about Red tape hinders border trade with Laos, Cambodia
Doing business in Laos, Cambodia tougher
Doing business in Laos, Cambodia tougher Quang Chung By Quang Chung - The Saigon Times Daily HCMC – Vietnamese investors have found it harder to do business in Laos and Cambodia as the two countries recently changed policies on land, natural resources and minerals management. The Ministry of Planning and Investment last Friday chaired a forum on investment cooperation in the Mekong Sub-region 2012 in Buon Ma Thuot City in Daklak Province under the theme of situations and investment cooperation prospects in the development triangle area of Cambodia, Laos and Vietnam (CLV). Speaking at the forum, deputy minister Dao Quang Thu said several projects of Vietnamese investors in Cambodia and Laos have been rejected in spite of signed memorandums of understanding. At the moment, Vietnam mainly invests in industrial plants and mineral exploitation in Laos and Cambodia. However, the investment environment in both nations in the two sectors is changing. For instance, the Cambodian … [Read more...] about Doing business in Laos, Cambodia tougher