HANOI, Sept. 4 (Xinhua) -- Vietnam and Laos have agreed to lift their relationship to a new height in a practical, effective and quality manner, Vietnamese President Tran Dai Quang said on Monday.
Quang reviewed the two countries' traditional friendship, special solidarity and comprehensive cooperation and their collaboration prospects one day before the 55th anniversary of bilateral diplomatic ties on Tuesday.
Over the past 55 years, despite complicated developments in the regional and global situations, the Vietnam-Laos time-honored friendship, special solidarity and all-round cooperation have developed extensively and effectively, the Vietnam News Agency quoted Quang as saying.
Cooperation mechanisms, especially at the high-ranking level, have been consolidated, with growth seen in political, defence, security and economic collaboration.
As of April, Vietnam had run 408 projects totaling 3.7 billion U.S. dollars, ranking third among countries investing in Laos.
Vietnam and Laos have also coordinated closely at regional and international forums, thus helping increase each other's position and prestige in the region and the world, he added.
