15/07/2015 09:54 GMT+7 Email Print Like 0

Vietnam-Laos conference on socialism-oriented market economy

Hanoi, July 14 (VNA) – Vietnam and Laos convened the third theoretical conference on the theme of developing socialism-oriented market economy, which is said to have brought about significant achievements to each country over the past 30 years, in Hanoi on July 14.

Politburo and Head of the Party Central Committee’s Commission for Communication and Education Dinh The Huynh and Head of the Lao People’s Revolutionary Party’s Commission for Propaganda and Training Kikeo Khaykhamphithoune co-chaired the event as the two Parties are holding Party Congresses at all levels towards their National Party Congress in early 2016.

In his speech, Huynh, who is also Chairman of the Central Theoretical Council, said the Communist Party of Vietnam is increasingly aware of the substance and nature of a socialism-oriented market economy and is set to strengthen and overhaul its leadership over the process.

The conference affords both sides an opportunity to improve relevant perceptions and share the realities of developing a socialism-oriented market economy in each country, he added.

Khaykhamphithoune, who is also President of the Lao National Council for Social Sciences, briefly spoke of Laos’ roadmap and major orientations to fostering a socialism-oriented market economy.

On the table were discussions about the relationship between the State and the market and between the market and society, the market economy’s impacts on Party building, social progress and fairness, among others.

On July 15, the Lao delegation will travel to the northern province of Quang Ninh to learn about its socio-economic development experience.