Fresh impetus for Cambodia-Vietnam ties
General Secretary Nguyen Phu Trong will pay a state-level friendship visit to Cambodia from December 6-8 at the invitation of King Norodom Sihamoni.
This will be Mr Trong’s first visit to Cambodia as Party chief, in the context of growing solidarity, friendship and comprehensive cooperation between the two countries.
Vietnam and Cambodia have agreed to strengthen their close ties and maintain bilateral cooperation in various fields at central, local and business levels.
The two sides have successfully organized a trade and investment promotion conference, and the 12th session of their joint commission, defining 25 fields of cooperation.
Vietnam has invested more than US$2.2 billion in 98 projects in Cambodia and ranks second among the 50 countries currently investing there.
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| King N. Sihamoni welcomed President Nguyen Minh Triet in Phnom Penh in August 2010 |
Many Vietnamese-invested projects have proved highly effective and have been appreciated by the Cambodian government and people, especially those related to telecommunications, aviation, rubber cultivation, and banking.
Bilateral trade revenues hit US$1 billion in 2010 and are expected to more than double to US$2.4 billion this year.
In addition to bilateral cooperation, Vietnam and Cambodia have also boosted cooperation within ASEAN, the Mekong River Commission, and the Greater Mekong Subregion, as well as the program to develop poor areas along the East-West Corridor and the Vietnam-Laos-Cambodia Development Triangle.
The upcoming visit to Cambodia by General Secretary Trong reaffirms that Vietnam attaches great importance to its ties with neighbouring countries and wants to continue developing ties of friendship and comprehensive cooperation with Cambodia.
The visit also confirms Vietnam’s wish to continue the effective implementation of agreements between the two countries and create favourable conditions for border demarcation and border marker planting.