Friday, August 19, 2011

Cambodian, Vietnamese FMs to hold talks for bilateral tie boost

Aug 19, 2011

PENH -- The 12th meeting of the Cambodia-Vietnam Joint Commission will be held next week in Ha Noi, Vietnam, in order to boost the two neighboring countries' cooperation on a wide range of sectors, according to a press release from Cambodia's Ministry of Foreign Affairs on Friday.

The statement said that Cambodia's Minister of Foreign Affairs and International Cooperation Hor Namhong will lead a delegation to participate in the meeting on Aug. 22-23 at the invitation of Vietnam's Minister of Foreign Affairs Pham Binh Minh.

"The meeting will discuss on the bilateral cooperation on economics, cultures, sciences and technologies," it said, adding that at the end of the meeting, both sides will sign the agreed minutes of the meeting.

During the two-day stay in Vietnam, Hor Namhong will also pay a courtesy call on the Prime Minister of Vietnam Nguyen Tan Dung.

Vietnam is Cambodia's second largest trading partner after Thailand, and is Cambodia's fourth largest investor after China, South Korea and Malaysia.

The two-way trade between the two neighbors was 1.35 billion U. S. dollars in the first half of this year, 57 percent rise, compared to the same period last year, according to the figure from the Trade Office at the Embassy of Vietnam to Cambodia.

On the investment side, accumulative Vietnamese investments in Cambodia have reached nearly 2 billion U.S. dollars in the fields of telecommunication, aviation, banking and finance, mineral resources, and rubber plantations.

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