Cambodia, Vietnam To Boost Bilateral Trade Volume to US$5 Billion in Next Five Years

AKP Phnom Penh, June 26, 2012 –

Cambodia and Vietnam are committed to boost the bilateral trade volume to US$5 billion in the next five years.

The commitment was made known by Cambodian Permanent Deputy Prime Minister and Minister of National Assembly-Senate Relations and Inspection H.E. Ms. Men Sam An at the celebration of the 45th Anniversary of the Establishment of the Diplomatic Relations between Cambodia and Vietnam held here last Thursday.

Addressing the event, H.E. Ms. Men Sam An said the Vietnamese investments in Cambodia have been expanded and the Vietnamese tourists ranked first among foreign visitors to Cambodia. On the other hand, she added, thousands of Cambodian people have traveled to Vietnam for visit, business and health service.

The Cambodian deputy prime minister expressed her delight to see that the two peoples continue to cherish and maintain the traditional bonds of friendship, solidarity and cooperation despites many drastic changes in the political and economic landscapes of their countries.

For his part, Vietnamese Ambassador to Cambodia H.E. Ngo Anh Dzung underlined both countries’ mutual support since the establishment of their formal relations in 1967.

Vietnam is ready to be a reliable friend and partner with the international community, particularly with Cambodia.

The bilateral trade volume between Cambodia and Vietnam has increased from US$1,130 million in 2007 to over US$2,000 million in 2011.

Article in Khmer by HUN Yuth Kun
Article in English by CHEA Vannak