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Cambodia, Vietnam Strengthen Close Relationship

Written By vibykhmer on Wednesday, September 2, 2009 | 8:50 AM

Written by Administrator -- Wednesday, 02 September 2009

The Vietnamese Product Fair will be conducted from today unitl September 6, at Mondial Center in heart of Phnom Penh to promote the bilateral trade between the two countries and aim to boost more trade exporting promotion from each side, a press release from fair obtained on Monday said. Two-way trade between Vietnam and Cambodia is expected to hit US$2.3 billion by 2010 and US$7 billion through 2015, said a report from the Commerce Ministry, and the trade volume has been increasing sharply between the two countries in recent years.

Both partners have been trying to boost trade and investment to provide mutual benefits for the two nations. In 2008, the two-way trade between Vietnam and Cambodia was US$1.7 billion, up 31 percent year-on-year. Of that figure, Vietnam’s exports to Cambodia earned about US$1.45 billion, according to Cambodian data.

Vietnam ranks 8th among foreign investors in Cambodia, and Cambodia and Vietnam share 1,137 km of border. Cambodia is a very important market for Vietnamese products and is attractive to Vietnamese investors. Moreover, a new primary school for overseas Vietnamese children officially opened in Cambodia’s capital city of Phnom Penh on August 30 to mark the 64th anniversary of Vietnam’s National Day (September 2) and the August Revolution. The Khmer-Vietnam Tan Tien School , a three-storey building with more than 10 classrooms, is located on an area of 1,200 sq. m in Mienchay district, Phnom Penh , according to a VNA report earlier week.

Pok Vorn, former deputy director pf municipality education department said that the school is trying to educate Vietnamese pupils.

“The Cambodian Government also recognized a Vietnamese association in the country and I think we exercise fairly for the other ethnics to implement their rights. The government also allowed opening Cham and Chinese people to open schools and associations and I think it will help the Government to work with them,” he said.

Cambodian Government spokesman and Information Minister Khieu Kanarith will lead a delegation to Vietnam September 5-6 to join the Khmer Buddhist ceremony of P’Chum Ben in Tra Vinh province southern Vietnam. Over 100 Government officials and a group of about 30 Cambodian journalists also will accompany the Cambodian delegation to Vietnam, the officials said yesterday. Both sides are trying to have mutual understanding in strengthening the bilateral cooperation and relationship, analysts said.

Vietnamese troops liberated Cambodia from the Pol Pot Regime in 1979, though some call the event, which contributed to long lasting Vietnamese influence in Cambodia, an invasion.


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