The exchange took place following talks between Vietnamese Prime Minister Le Minh Hung and his visiting Lao counterpart Sonexay Siphandone in Hanoi on the afternoon of June 7.
The agreement was one of four cooperation documents exchanged during the Lao PM's ongoing official visit to Vietnam, reflecting the determination of the two Parties, States, as well as ministries, and sectors of the two countries to further consolidate, strengthen and deepen the great friendship, special solidarity, comprehensive cooperation and strategic cohesion between Vietnam and Laos.
Prime Minister Le Minh Hung (R) and Prime Minister Sonexay Siphandone (L) witness the exchange of cooperation documents between Vietnam and Laos following their talks in Hanoi, June 7, 2026. Photo by VnExpress/Giang Huy
The pact builds on the achievements of the previous 2021-2025 period and aligns closely with the bilateral cooperation agreement between the two governments for 2026-2030, as well as the Vietnam-Laos governmental cooperation plan for 2026. It reaffirms the strong commitment of the Vietnamese ministry to accompanying and supporting its Lao counterpart in enhancing financial management capacity, thereby contributing to Laos' socio-economic development and international integration efforts.
