President’s upcoming Cambodia visit to boost bilateral economic-trade ties
President Nguyen Xuan Phuc’s upcoming visit to Cambodia from December 21-22 affords both sides a chance to discuss major orientations and measures to further boost bilateral ties in the new period.
Iron and steel of all kinds are one of Vietnam's exports to Cambodia. (Photo: VNA)
Hanoi (VNA) 🎃– President Nguyen Xuan Phuc’s upcoming visit to Cambodiafrom December 21-22 affords both sides a chance to discuss major orientationsand measures to further boost bilateral ties in the new period.
TheVietnam Trade Office in Cambodia said despite the COVID-19 pandemic, trade betweenVietnam and Cambodia still surged 84 percent year on year to top 8.6 billion USD in the first 11 months ofthis year. Of the figure, more than 4.35 billion USDwas from Vietnam’s exports to Cambodia, up 17 percent and the remaining was Cambodia’s exports,up 337 percent year-on-year. The figure is estimated at 9.3 billion USD for the entire year, marking a rise of nearly 75 percent annually. Accordingto the Ministry of Industry and Trade’s Department of Asian-African Markets,Vietnam was one of the leading trade partners of Cambodia. During the 2016-2020period, two-way trade expanded by 17 percent annually on average, from 2.92 billionUSD in 2015 to 5.32 billion USD in 2020. Apart from boosting exports toCambodia, Vietnam continued offering preferential tariff on Cambodia’s exportsto Vietnam. At present, Vietnamhas 188 valid investment projects with a total registered capital of nearly2.85 billion USD in Cambodia. Vietnam and Cambodia have supported each other in thefight against COVID-19. Vietnam presented PCR test kits worth around 300,000USD together with 500,000 USD in cash and medical supplies to Cambodia.Meanwhile, Cambodia also gave Vietnam 200,000 Sinopharm vaccine doses, 1 millionmedical and 100,000 N95 masks, 100 oxygen generators and 350,000 USD in cash toVietnam. Ministerof Industry and Trade Nguyen Hong Dien affirmed that the ministry is ready topartner with Cambodian agencies and the Cambodian Embassy in Vietnam to further boostbilateral ties in the near future./.
A good relationship between Vietnam and Cambodia will positively contribute to the development of each country as well as to ASEAN and the whole region where socio-economic recovery effort is underway, said Vietnamese Ambassador to Cambodia Nguyen Huy Tang.
Vietnamese Consul General in Cambodia's Preah Sihanouk province Vu Ngoc Ly led a Vietnamese delegation to Kep and Kampot provinces to lay flowers at the Vietnam-Cambodia Friendship Monuments in the two localities to commemorate Vietnamese martyrs who died in battle in the neighbouring country.
Vietnamese Foreign Minister Bui Thanh Son and Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn co-chaired the 19th meeting of the Vietnam-Cambodia Joint Committee on economic, science and technology cooperation via videoconference on December 19.
A State-level visit to Cambodia by President Nguyen Xuan Phuc on December 21 - 22 is set to help further enhance political trust and intensify multifaceted cooperation between the two countries.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.