Vietnam-Laos: Signing many cooperation documents related to energy field

In Vientiane (Laos), Prime Minister Nguyen Xuan Phuc and his Lao counterpart Thoonglun Sisulith have co-chaired 40th session of the Vietnam-Laos Intergovernmental Commission. The Prime Ministers have witnessed the signing of 12 cooperation documents, 06 of them are related to the energy sector.

Cooperation documents related to the energy field include: Memorandum of Understanding (MoU) on energy and mining cooperation between Vietnam’s Ministry of Industry and Trade, and Lao PRD’s Ministry of Energy and Mining in 2018; MoU on electricity trading from Bua La Pha district’s Thermal Power Plant, Kham Muon Province in Laos with Vietnam Electricity (EVN);

The MoU between Vietnam Electricity, Electricity Corporation of Laos - Électricité du Laos (EDL)  (EDL), the joint venture of Hanoi - Vientiane Electricity and Infrastructure Development Joint Stock Company and Phong-sap-tha-vy Group on researching the development of the project of 500-kV high voltage transmission line;

The MoU between Vietnam Electricity and Phong-sap-tha-vy Civil Engineering – Irrigation construction Co., Ltd., on the policy of electricity purchase from     some hydropower projects of Phong-sap-tha-vy Group in Laos; The Cooperation agreement of investment in hydropower projects of Nam Kong 2, Nam Kong 3, Nam Y Mun and Nam Ang between Chaleun Se Kong Company and Song Da 5 Joint Stock Company at the projects.

The agreement on development cooperation framework of Luong Pha Bang hydropower plant between PVP Vietnam Company and PT Laos one member Co., Ltd.,


The PMs witnessing the signing of cooperation documents

   In 2018, the parties shall agree to focus on the implementation of joint declarations and agreements between senior leaders; agreements between ministries, branches and localities of the two countries, including the agreement signed at this session; promote political – diplomatic – national security and defense, investment, trade relations, strive to increase the two-way trade turnover of the year 2018 by 10% compared to year 2017’s.

  • 07/02/2018 12:15