Vietnam makes proposal on building 2021-2022 CLMV Action Plan

The 20th Cambodia-Laos-Myanmar-Vietnam Senior Economic Officials’ Meeting (CLMV SEOM) was held on January 25 via video conference, during which Vietnam suggested countries study and select the form of implementing projects suitable to the “new normal” in each country when compiling the CLMV Action Plan for 2021-2022.
Vietnam makes proposal on building 2021-2022 CLMV Action Plan ảnh 1Deputy head of the Asian-African Markets Department at the Ministry of Industry and Trade Nguyen Phuc Nam (C) attends the CLMV SEOM 20 (Photo: VNA)
Hanoi (VNA) - The 20th Cambodia-Laos-Myanmar-VietnamSenior Economic Officials’ Meeting (CLMV SEOM) was held on January 25 via videoconference, during which Vietnam suggested countries study and select the formof implementing projects suitable to the “new normal” in each country when compilingthe CLMV Action Plan for 2021-2022.

Deputy head of the Asian-African Markets Department at the Ministry ofIndustry and Trade, Nguyen Phuc Nam, who is head of the Vietnamese delegation,stressed the need to intensify the application of digital technology as well asthe organisation of activities in the online format, while creating favourableconditions for experts, technicians, and project officials from developmentpartners to carry out entry procedures, take COVID-19 tests, and undergo quarantine.

It is also important for CLMV to propose more cooperative projects tobenefit all four countries and support post-pandemic recovery efforts, especiallyprojects facilitating trade and investment, improving regional connectivity,supporting micro-, small- and medium-sized enterprises in accessing finance andtechnology, and increasing their capacity.

Regarding the building of a detailed action plan to implement the CLMVDevelopment Framework approved at the 10th CLMV Summit lastDecember, Nam suggested the countries step up coordination to identify feasibleactivities and projects to be included in the action plan.

Vietnam makes proposal on building 2021-2022 CLMV Action Plan ảnh 2Overview of CLMV SEOM 20 in Hanoi (Photo: VNA)
The CLMV SEOM 20 reviewed the implementation of activities in the2019-2020 CLMV Action Plan, discussed the plan for 2021-2021, reviewed theimplementation of the Promotion of Competitiveness within the Framework of theInitiative for ASEAN Integration (COMPETE) project, and discussed the nextsteps in carrying out the CLMV Development Framework.

Many activities and projects in the 2019-2020 action plan were postponedor cancelled last year due to COVID-19. Thanks to its activeness, however, Vietnamcarried out several planned trade and investment cooperation activities.

The country proactively proposed organising online meetings, trade fairs,and training courses, facilitating trade and investment activities andservices, particularly those through CLMV borders, restricting and removingunnecessary trade barriers, and ensuring the operation of supply chains./.
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