Addressing the event, Hai proposed N.A. and Government agencies, as well as N.A. deputies of both countries exchange practical experiences from their respective countries to discuss and clarify issues of mutual interest.

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National Assembly Vice Chairman Nguyen Duc Hai (R) and his Lao counterpart Sommad Pholsena co-chair seminar on the role of the legislative body in building and implementing socio-economic development policies.

The information and lessons learned from the seminar will be useful for each country in developing or further perfecting mechanisms and policies to serve socio-economic development, he stressed, adding that the Vietnamese legislature will further strengthen its cooperation with the Lao side, continuing to build upon and promote experiences and results of collaboration to contribute to reinforcing and developing the special solidarity and comprehensive cooperation between the two parties, states, and people.

On behalf of the Lao N.A. delegation, Sommad extended congratulations on the 79th anniversary of Vietnam's National Day (September 2, 1945 – 2024). He said that his visit aims to exchange experiences with the Vietnamese legislative body on foreign investment attraction, social credit policies, cooperative development and the building of the Cooperative Law.

The seminar consisted of two sessions: Developing the collective economy and attracting foreign direct investment, and the role of social credit policies in implementing the national target program on socio-economic development of ethnic minority and mountainous areas for the 2021-2030 period.

Source: VNA