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Vietnam, Cambodia bolster trade cooperation

TQO - A conference on bolstering trade cooperation between Vietnam and Cambodia in 2023 opened in Phnom Penh on October 26, within the framework of the ongoing Vietnam-Cambodia Defence, Economic Production Exhibition 2023 (VIDEX 2023).

Deputy Minister of Industry and Trade Do Thang Hai (Photo: VNA)

Deputy Minister of Industry and Trade Do Thang Hai said the event is expected to promote friendship, solidarity and comprehensive cooperation between the two sides, creating opportunities for Vietnamese and Cambodian businesses to meet and exchange.

According to Hai, cooperation in areas of economy, trade, and investment are priorities in the two countries' foreign policies. Cambodia’s new government under the leadership of Prime Minister Samdech Thipadei Hun Manet has paid attention to intensify cooperative opportunities between the two sides.

Deputy Secretary of State for the Ministry of Commerce of Cambodia Nam Lynal said the conference created numerous chances for participants from both public and private sectors of the two countries to exchange ideas and information on trade promotion and to introduce measures to create new driving forces for the fruitful relations between Vietnam and Cambodia.

Representatives of management agencies and business communities of the two countries at the conference discussed trade promotion and connections.

They also shared difficulties, opportunities and challenges in investment and business activities in the Cambodian market while proposing solutions to create favourable conditions for trade and investment between Vietnam and Cambodia, especially trade activities in the border areas of the two countries in order to boost socio-economic development of the two countries.


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