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.
President Luong Cuong appreciated the ambassadors' contributions to Vietnam's relations with their countries and called for continued efforts to help advance those ties.
PM Pham Minh Chinh called on the SSE and the Shanghai IFC to share their expertise with and provide technical support for relevant Vietnamese ministries and agencies during the process of building Vietnam’s own international financial centre.
According to the resolution, Nguyen Thi Thanh, a member of the Party Central Committee and Vice Chairwoman of the NA, was appointed Standing Vice President of the council and head of its personnel sub-committee.
PM Pham Minh Chinh has expressed his confidence that Asia has all the necessary foundations to continue rising, asserting its role as a pillar and driving force of the global economy.
In his closing speech at the 10th plenum of the Party Central Committee in September 2024, Party General Secretary Lam declared: “With the position and strength accumulated over 40 years of renewal, and with the unity of the entire Party, people, and army, alongside new opportunities under the sound Party leadership, we now possess the essential conditions to enter a new era."
Based on the developments of disasters, epidemics, national defence and security conditions, and public order and safety, and upon proposals from relevant ministries or provincial-level People’s Committee chairpersons, the Prime Minister may request the NA Standing Committee to declare a state of emergency, according to a draft law.
Since the signing of the Vietnam-Cambodia trade and economic cooperation agreement, trade and investment ties have seen remarkable growth, substantially contributing to each country's socio-economic development and facilitating collaboration in various spheres, said Ambassador Nguyen Minh Vu.
Representatives of the overseas community and students expressed their gratitude for the Party and State’s support, their delight at growing Vietnam–China ties, and their commitment to preserving the Vietnamese identities abroad.
PM Pham Minh Chinh reiterated Vietnam’s readiness to continue dispatching agricultural experts to support Senegal’s food security through increasingly effective and innovative methods.
NA Chairman Tran Thanh Man expressed confidence that the legislature will soon apply AI and digital transformation more broadly, thereby enhancing the effectiveness of its legislative, supreme supervision, and decision-making functions on critical national matters.
Prime Minister Pham Minh Chinh and President and CEO of the World Economic Forum Borge Brende discussed Vietnam’s new development vision and its experience in building an independent, self-reliant and globally-integrated economy, and navigating global instability through proactive diplomacy.
Peter Brabeck-Letmathe, Interim Chairman of the World Economic Forum (WEF), and Borge Brende, WEF President and CEO, commended Vietnam’s flexible and effective economic governance and its strong economic performance.
The two PMs agreed on measures to strengthen bilateral relations in the future, especially the prompt signing of an action plan for implementing the countries' comprehensive strategic partnership, and the launch of upgraded VSIPs to include hi-tech parks, urban areas, and commercial zones.
PM Chinh requested ERIA to maintain close coordination with Vietnamese agencies and research institutes to promote policy research and consultations, and help the country increase productivity, quality, and competitiveness of the economy, especially in digital transformation, green transition, and circular economy, to contribute to achieving the rapid, sustainable development and double-digit economic growth goals it has set out for the coming decades.
The new Quang Tri province will include 78 commune-level units and features key assets such as the UNESCO World Heritage Site of Phong Nha-Ke Bang National Park, a long coastline, historical landmarks, three international border gates, deep-water ports, a modern transport network, and two airports.
The rehearsal took place at the National Military Training Centre No. 4, the Vietnam National University - Hanoi, and the Vietnam National Village for Ethnic Culture and Tourism, involving more than 7,400 officers and soldiers.
Nguyen Van Trung, Vietnamese Consul General in Pakse, Champasak province of Laos, speaks at the forum. (Photo: VNA) 
