Vietnam, Lao armies boost finance cooperation

Defence cooperation forms an important part of the relations between Vietnam and Laos, affirmed Deputy Minister of Defence of Vietnam Sen. Lieut. Gen. Tran Don.

Vietnam, Lao armies boost finance cooperation

Deputy Minister Don made the statement at his reception for Colonel Sisavan Kommamuong, deputy director of the department for planning – finance under the Lao People’s Army, in Hanoi on June 26.

He stressed that the Vietnamese Government, army and people always treasure the special solidarity with Laos.

Defence collaboration helps boost security and political stability in both nations and strengthen their armies against hostile forces, the official noted.

He requested the finance department under the Defence Ministry of Vietnam and its Lao partner to work closely together for effective implementation of their agreements.

For his part, Sisavan Kommamuong informed his host on outcomes of a working session between his delegation and the Vietnam Defence Ministry’s finance department.

According to the Lao official, the two departments discussed their mechanisms on the distribution and management of the State budget.

They signed a memorandum of understanding on experience exchange and works related to the army’s finance.