Saturday, 25/05/2019 20:27 (GMT+7)
President of the Cambodian National Assembly Samdech Heng Samrin and his spouse will pay an official visit to Vietnam from May 28th-30th.
The visit is made at the invitation of Chairwoman of the Vietnam National Assembly Nguyen Thi Kim Ngan, the Vietnamese legislature’s Committee for External Relations has announced.
Chairwoman of Vietnam National Assembly Nguyen Thi Kim Ngan (left) and President of Cambodian National Assembly Samdech Heng Samrin at a meeting in Siem Reap, Cambodia, on January 15th, 2019 (Photo: VNA)
Vietnam and Cambodia established diplomatic relations on June 24th, 1967. The two neighbouring countries stood side by side during past struggles against colonialists and the genocidal Khmer Rouge regime, and have supported each other in national construction and defence.
Both countries have pursued a foreign policy of independence, self-reliance and multilateralisation and diversification of relations.
Bilateral economic and trade ties have made big strides. With 210 projects valued at more than USD3 billion, Vietnam has become one of the five biggest investors in Cambodia.
Meanwhile, Cambodia has run 19 projects worth USD63.42 million in Vietnam, focusing on agriculture, forestry, fishery and commerce.
Two-way trade stood at USD4.68 billion in 2018, up 23.76 percent against 2017. Of the amount, Vietnam’s exports were valued at USD3.74 billion, up 34.98 percent and imports were worth about USD963 million, up 6.46 percent year-on-year. Bilateral trade is expected to reach USD5 billion by 2020./.
CPV/VNA