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Third Mekong-Lancang Cooperation Summit to be held online

The third Mekong-Lancang Cooperation Summit will be held in a virtual format on August 24 under the chair of Lao Prime Minister Thongloun Sisoulith and his Chinese counterpart Li Keqiang.

The biennial summit will also see the participation of leaders of Cambodia, Myanmar, Thailand and Vietnam.

Under the theme "Enhancing Partnership for Shared Prosperity", the leaders will review the progress of cooperation since the previous summit.

They will also chart the future directions for strengthening cooperation in containing the COVID-19 pandemic, recovering economic growth in post-COVID-19 period, and managing and using the Mekong water resources in a sustainable manner.

The Mekong river, known as Lancang in China, is the 12th longest river in the world. The river’s basin is home to around 1,700 fish species, making it the most diverse basin after the Amazon and Congo.

The first Mekong-Lancang Cooperation Summit was held in China in March 2016, while the second took place in Cambodia in early 2018.

China is currently the largest trade partner of Cambodia, Myanmar, Thailand and Vietnam, and the second biggest trader of Laos./.
VNA/VNP

Vietnam establishes itself as one of regions most dynamic manufacturing and supply bases

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

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