(VEN) - Vietnam and Cambodia are targeting bilateral trade value of US$5 billion by 2020, up more than 25 percent from its current level. The goal was agreed on during talks earlier this month between visiting Cambodian Prime Minister Samdech Techo Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phuc. Cambodian Prime Minister Samdech Techo Hun Sen (left) and Vietnamese Prime Minister Nguyen Xuan Phuc Promoting bilateral trade According to the General Department of Vietnam Customs, bilateral trade reached US$3.8 billion in 2017 (up 30 percent from 2016) and more than US$3.8 billion in the first 10 months of 2018, 21 percent higher than the same period last year. It is expected to exceed US$4 billion in 2018, paving the way for US$5 billion by 2020, Prime Minister Phuc said. As of late November, according to the Ministry of Planning and Investment, Vietnam had 210 investment projects totaling more than US$3 billion in registered capital in Cambodia, mostly in the … [Read more...] about Vietnam, Cambodia target US$5 billion in trade
Vietnam cambodia border crossing
Vietnam, Cambodia foster cooperation in maintaining border security
The visit was made at the invitation of Senior General Kirth Chantharith, Director of the General Department of Immigration of the Cambodian Ministry of Interior. Delegates posing for a joint photo on the sideline of the conference During the visit, the Vietnam delegation attended an annual conference to exchange experience in maintaining security and social order along the shared borderline with the Cambodian General Department of Immigration. They agreed to enhance information sharing to promptly deal with arising issues, collaborate to manage border gates and immigration procedures, support locals’ trade, and fight cross-border crimes. The same day, the Vietnamese border guard commander had talks with General Hun Manet, Commander the Royal Cambodian Army, to review the two sides’ collaboration in 2018 and discuss their 2019 plan. The two generals expressed their delight at the strong development of the relations between the Vietnam People’s … [Read more...] about Vietnam, Cambodia foster cooperation in maintaining border security
Vietnam, Cambodia step up cooperation in safeguarding border
Leaders of the two units sign a cooperation agreement during the talks (Source: qdnd.vn) Phnom Penh (VNA) – Vietnam’s Border Guard High Command and the Royal Cambodian Army have affirmed their resolve to participate in and facilitate border demarcation and marker planting between the two countries. The consensus was reached at the talks between Lieut. Gen. Hoang Xuan Chien, Commander of the Vietnamese Border Guard, and General Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces and Commander of the Royal Cambodian Army, in Phnom Penh on December 14. The two sides agreed to intensify the communication work, enhance solidarity and friendship between the Vietnamese and Cambodian people and create favourable conditions for residents along the shared borderline to develop production and stabilise their lives. They will also increase joint patrols, maintain talks, meetings and information exchange in order to promptly deal with issues relating to … [Read more...] about Vietnam, Cambodia step up cooperation in safeguarding border
Vietnam, Cambodia step up cooperation in fighting cross-border crime
Lieutenant General Hoang Xuan Chien, Commander of the Vietnam Border Guard, and Senior General Dam Vuthy, Deputy Director of the Cambodian General Commissariat of National Police, co-chaired the event. At the event At the conference, the two sides reviewed their collaboration in preventing crimes over the past year, particularly in dealing with drug trafficking and other cross-border crimes, and maintaining social order and security along the shared borderline. They agreed to continue expanding cooperation in fighting cross-border crimes, exchanging information, and handling arising problems along the borderline. In addition, they will jointly hold bilateral border patrols and anti-terrorism drills as well as launch information dissemination programs to raise border people’s awareness of the traditional partnership between the two countries. Translated by Trung Thanh … [Read more...] about Vietnam, Cambodia step up cooperation in fighting cross-border crime
Vietnam, Cambodia work to fight illegal timber trading
A production line of wood products for export (Source: VNA) HCM City (VNA) – Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products, thus minimising illegal timber trading at border areas, heard a dialogue held in Ho Chi Minh City on October 22. The event was jointly organised by the Vietnam Administration of Forestry (VAF) of the Ministry of Agriculture and Rural Development and the Forestry Administration (FA) of Cambodia. Deputy General Director of the VAF Pham Van Dien said that ensuring timber raw materials hold legal origin certificates is one of the key measures in Vietnam’s development policy for the wood processing and export industry, adding that imported wood has helped add raw materials, contributing to the increasing value of wood exports. Vietnam’s wood processing industry has developed rapidly and stably in recent years. In 2017, Vietnam became the world’s fifth largest wood … [Read more...] about Vietnam, Cambodia work to fight illegal timber trading
Vietnam, Cambodia provinces record encouraging multifaceted ties
Leaders of An Giang and Kandal provinces show the agreement on cooperation for the coming time at the meeting on September 11 (Photo: VNA) An Giang (VNA) – The Mekong Delta province of An Giang and the neighbouring Cambodian province of Kandal held a meeting on September 11 to review bilateral cooperation, noting positive outcomes in their relations in multiple spheres. The meeting, held in the Vietnamese province, was co-chaired by Chairman of the An Giang People’s Committee Vuong Binh Thanh and Kandal Governor Mao Phirun. They highlighted the progress in collaboration to ensure security and order along the shared border, and in their partnership in economy-trade, agriculture, culture, tourism, health care, education and transport. They said the two sides have also seen increased cooperation between their organisations, courts and districts, as well as in border demarcation and marker planting and the search for and repatriation of the remains of Vietnam’s … [Read more...] about Vietnam, Cambodia provinces record encouraging multifaceted ties
Vietnam plays active role in GMS trade, investment cooperation
Hanoi (VNA) – Vietnam has proactively participated in trade and investment cooperation activities in the Greater Mekong Subregion (GMS), which comprises Cambodia, China’s Yunnan and Guangxi provinces, Laos, Myanmar, Thailand and Vietnam, over the past 25 years. Vietnamese Prime Minister Nguyen Xuan Phuc (C) and heads of delegation of the GMS countries (Photo: VNA) The successful hosting of the 6th GMS Summit (GMS-6) and the 10th Cambodia-Laos-Vietnam (CLV) Summit on Development Triangle Area (CLV-10) in Hanoi from March 29-31, 2018 demonstrated Vietnam’s contributions to regional economic cooperation mechanisms. Key achievements A unique characteristic of GMS cooperation is that member countries share land borders, which is convenient for land transport connectivity and economic corridor development. Vietnam holds key nodes in three GMS economic corridors: the Southern Coastal Corridor (GMS-SCC) which links Thailand to southern Vietnam via Cambodia; … [Read more...] about Vietnam plays active role in GMS trade, investment cooperation
Vietnamese, Cambodian to enjoy easy cross-border travel during Tet
People crossing Vietnam-Cambodia border in Ha Tien town Locals of Kien Giang and Cambodian provinces of Kampot, Kep, Preah Sihanouk, Koh Kong and Phnom Penh, as well as Overseas Vietnamese in Cambodia can cross the Ha Tien international border gate and the Giang Thanh national border gate to visit their families and relatives or travel on the occasion. Border guard, police and customs forces of the province in collaboration with Ha Tien town and Giang Thanh district will make it easier for people and vehicles in border localities to go through border gates from January 15 to February 28, 2018. Meanwhile, Kien Giang authorities will work with relevant agencies to keep a close watch on border areas, the volume of people and vehicles crossing land border gates, and take measures to ensure security, safety and social order along the shared borderline. At the same time, local authorities will also strengthen health care control in border gates and prevent smuggling and trade frauds. … [Read more...] about Vietnamese, Cambodian to enjoy easy cross-border travel during Tet
Vietnam, China Red Cross Societies intensify cooperation
The consensus was reached during a meeting between VRCS President Nguyen Thi Xuan Thu and RCSC President Chen Zhu in Hanoi on January 18.The two sides encouraged their chapters in cities and provinces sharing the border line to set up cooperative ties and increase the exchange of experience in carrying out activities for youths and volunteers. Chen Zhu, who is also Vice Chairman of the National People's Congress Standing Committee of China and Vice President of the International Federation of Red Cross and Red Crescent Societies, expressed his hope that the two sides will continue to join hands in developing projects and mobilising more resources, contributing to easing difficulties facing vulnerable groups in Asia. The RCSC will try to provide more financial aid to its Vietnamese counterpart and continue to help the society implement humanitarian and training projects, as well as community activities in Vietnam through concrete cooperation agreements, he said. In the … [Read more...] about Vietnam, China Red Cross Societies intensify cooperation
Vietnam will issue tourist visas ‘on arrival’
Vietnam will soon begin issuing tourist visas to foreign travelers when they arrive at airports and border crossings. The head of the travel department of the Vietnam National Administration of Tourism (VNAT), Vu The Binh, told reporters that the move is intended to boost the nation’s attractiveness to foreign visitors. He predicted that the plan will be implemented “in the coming months,” once the Customs Department adapts its information technology system to accommodate the new system. VNAT and other concerned departments will develop the procedures. At present, visas are issued on arrival only in exceptional cases, when foreign visitors have hired local travel companies to complete visa procedures before flying to Vietnam. Many Vietnamese tourism firms are asking that visitors be spared from this job and be issued a visa upon arrival, as in Thailand and Cambodia. This month, the Government has agreed to charge no visa fees on foreigners who enter the country … [Read more...] about Vietnam will issue tourist visas ‘on arrival’