Cambodian PM visits Hanoi to enhance traditional friendship

By The Investor/VNA
Mon, December 11, 2023 | 5:35 pm GMT+7

Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet and a high-ranking delegation of Cambodia arrived in Hanoi Monday morning, starting a two-day official visit to Vietnam at the invitation of PM Pham Minh Chinh.

Welcoming the delegation at Noi Bai International Airport in Hanoi were Minister - Chairman of the Government Office Tran Van Son, Deputy Minister of Foreign Affairs Do Hung Viet, and Vietnamese Ambassador to Cambodia Nguyen Huy Tang.

The Vietnamese and Cambodian PMs wave to children welcoming them at the Presidential Palace in Hanoi, December 11, 2023. Photo courtesy of Vietnam News Agency.

The Vietnamese and Cambodian PMs wave to children welcoming them at the Presidential Palace in Hanoi, December 11, 2023. Photo courtesy of Vietnam News Agency.

The Cambodian delegation includes Deputy PM and First Vice President of the Council for the Development of Cambodia Sun Chanthol, Deputy PM and Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea, and many other ministers.

Then Prime Minister Pham Minh Chinh hosted a welcome ceremony in Hanoi for his Cambodian counterpart.

After the ceremony, the two leaders visited a photo exhibition featuring the land and people of Vietnam and Cambodia, and their good relations, jointly held by the Government Office and the Vietnam News Agency (VNA), before holding talks.

The Cambodian PM is also scheduled to hold meetings with other Vietnamese senior leaders to review cooperation results and discuss measures to promote bilateral ties in the coming time.

He will join Chinh in an exchange with Vietnamese students and a Vietnam-Cambodia business forum.

The official visit demonstrates the resolve of leaders of both sides to consolidate and enhance the traditional friendship and comprehensive cooperation between the two peoples, while bringing new cooperation opportunities so as to elevate the bilateral ties to a new height.

Since high-ranking leaders of the two countries set the motto of “good neighbourliness, traditional friendship and comprehensive, sustainable and long-term cooperation” for the bilateral relations in 2005, the bilateral ties have been unceasingly developed across the fields, bringing benefits to the two peoples, and making contributions to regional and global peace, stability and collaboration.

Exchanges of delegations at all levels have been maintained even during the complicated developments of the Covid-19 pandemic, helping enhance the people's understanding of the traditional solidarity, friendship, cooperation and support between the two nations.

Cooperation in defence and security has been enhanced, while that in economy and trade has developed rapidly and carved out encouraging achievements. Last year, two-way trade reached $10.57 billion, a year-on-year increase of nearly 10.9%. Meanwhile, during January-October, the trade revenue was estimated at $7.1 billion, dropping 22.1% from the same time last year.

Vietnam is currently the biggest trade partner of Cambodia in the ASEAN region and the third largest trade partner overall, following China and the US. To date, Vietnam has registered $2.94 billion in 205 valid projects in Cambodia, among the top five foreign investors in the country. Cambodia ranks second among 79 countries and territories receiving Vietnamese outbound investment.

The official visit to Vietnam from December 11-12 by Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet will continue to strengthen and further expand traditional friendship between the two countries, said Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea.

In an interview granted to Vietnam News Agency’s correspondents in Phnom Penh, the top diplomat highlighted the importance of the visit, saying this will be the Cambodian leader’s first visit to an ASEAN member country since he took office in August.

During a short period of time, Cambodian Prime Minister Hun Manet had four meetings with his Vietnamese counterpart at international forums and conferences, he said, adding in 2022, Chairman of the Vietnamese National Assembly Vuong Dinh Hue and Prime Minister Pham Minh Chinh visited Cambodia.

According to Sok Chenda Sophea, in addition to mutual visits, Vietnam and Cambodia have also promoted their coordination in multilateral frameworks. The two countries attended meetings of the Greater Mekong Subregion (GMS), Lancang-Mekong cooperation framework and ASEAN, during which the two countries discussed collaboration in the fields of economy, diplomacy, security, health care and transportation. They also talked about regional and world issues of shared concern, typically food security in the current context, at bilateral meetings.

In the time to come, the two countries must continue to foster their fine relationship to bring development and prosperity to their people, he noted.

Looking back on the special relationship over the past 60 years, he said the relationship had become closer, and the two countries were looking forward to a longer future. The people of Cambodia and Vietnam supported and helped each other during the wars. The year 1979 was a historical milestone when Việt Nam helped Cambodia overthrow the genocidal regime.

Despite the negative impact of the Covid-19 pandemic, the two countries had still seen bustling trade activities, with two-way trade hitting $10.57 billion in 2022, more than double the figure of $5 billion recorded in 2020.

The two neighbours should make more efforts to boost trade, investment and tourism links, along with other areas such as industry and agriculture, said Sok Chenda Sophea.

Comments (0)
  • Read More
US Cargill announces exit from aquafeed business in Vietnam

US Cargill announces exit from aquafeed business in Vietnam

Cargill, one of the leading animal feed producers in the U.S., has withdrawn from the aquafeed business in Vietnam, said Maxime Hilbert, interim general manager for aqua nutrition at Cargill Thailand & Vietnam.

Industries - Tue, June 10, 2025 | 3:26 pm GMT+7

USD price likely to hit record high of VND26,300 in Q3, drop to VND26,100 in Q4: UOB

USD price likely to hit record high of VND26,300 in Q3, drop to VND26,100 in Q4: UOB

Singaporean bank UOB on Monday said its updated forecasts on the USD/VND exchange rate are VND26,300 per USD in Q3/2025; 26,100 in Q4/2025; 25,900 in Q1/2026; and 25,700 in Q2/2026.

Economy - Tue, June 10, 2025 | 2:38 pm GMT+7

Four pillars set stage for Vietnam private sector breakthrough: expert

Four pillars set stage for Vietnam private sector breakthrough: expert

The four resolutions recently issued by the Politburo, Vietnam's highest decision-making body, mark a critical turning point, opening up major opportunities for Vietnam’s private sector to thrive, said Tran Du Lich, former director of the Ho Chi Minh City Institute of Economics.

Economy - Tue, June 10, 2025 | 12:37 pm GMT+7

How Vietnam’s functional food market evolves

How Vietnam’s functional food market evolves

With the presence of major domestic and international brands, along with strong government efforts to dismantle counterfeit product rings, Vietnam's functional food market is expected to continue its upward trajectory in the coming time.

Economy - Tue, June 10, 2025 | 12:18 pm GMT+7

Visa introduces Click to Pay in Vietnam for online shopping experience 'transformation'

Visa introduces Click to Pay in Vietnam for online shopping experience 'transformation'

Visa has introduced Click to Pay with leading banks and payment facilitators in Vietnam - the first market in Southeast Asia to see the solution that aims to transform online shopping experience.

Finance - Tue, June 10, 2025 | 8:48 am GMT+7

Vietnamese banks leverage national data integration to reach customers

Vietnamese banks leverage national data integration to reach customers

Banks in Vietnam are developing fully digital lending services, enabling customers to apply for and receive loans entirely through online platforms.

Banking - Mon, June 9, 2025 | 11:28 pm GMT+7

Vietnam’s garment-textile exports top $17 bln in five months

Vietnam’s garment-textile exports top $17 bln in five months

Vietnam’s garment and textile exports exceeded $17.58 billion in the first five months of 2025, up 9% year-on-year.

Companies - Mon, June 9, 2025 | 11:21 pm GMT+7

Vietnam's coastal hospitality real estate poised for a new wave of growth

Vietnam's coastal hospitality real estate poised for a new wave of growth

As competition intensifies and the tourism sector rapidly evolves post-pandemic, hospitality real estate investors and hotel operators are adopting more innovative approaches to optimize operations and tap into new revenue streams, write Avison Young Vietnam analysts.

Consulting - Mon, June 9, 2025 | 11:01 pm GMT+7

Rules on private placement bond issuance should be tightened: Vietnam Finance Minister

Rules on private placement bond issuance should be tightened: Vietnam Finance Minister

Allowing only companies that have liabilities five times higher than their equity at maximum to issue bonds via private placement is a necessary move to mitigate risks and prevent abuse, said Finance Minister Nguyen Van Thang.

Finance - Mon, June 9, 2025 | 6:19 pm GMT+7

EV maker VinFast commits to purchasing all output for Vietnamese suppliers

EV maker VinFast commits to purchasing all output for Vietnamese suppliers

Vietnamese electric vehicle maker VinFast has committed to purchasing all products for domestic suppliers that join its production chain.

Companies - Mon, June 9, 2025 | 5:21 pm GMT+7

Phat Dat affirms leadership role in southern Vietnam's property market following successful launch of La Pura project

Phat Dat affirms leadership role in southern Vietnam's property market following successful launch of La Pura project

The official launch of the La Pura project by Phat Dat Real Estate Development Corp on Sunday in the southern province of Binh Duong made a significant impact, with over 95% of the total inventory in the Zenia sub-zone successfully transacted.

Real Estate - Mon, June 9, 2025 | 4:07 pm GMT+7

Vietnam seeks Samsung partnership in AI-integrated chip design for data centers, telecom networks

Vietnam seeks Samsung partnership in AI-integrated chip design for data centers, telecom networks

Minister of Public Security Luong Tam Quang called on South Korean tech giant Samsung to strengthen its partnership with his ministry in developing Vietnam’s security industry.

Investing - Mon, June 9, 2025 | 3:13 pm GMT+7

Vingroup partners with e-commerce platform Shopee to develop logistics infrastructure

Vingroup partners with e-commerce platform Shopee to develop logistics infrastructure

Vietnam’s leading multi-sector conglomerate Vingroup and Shopee, the country’s top e-commerce platform, on Friday signed an MoU to develop infrastructure for e-commerce fulfillment services, enhance digital connectivity between businesses and consumers, and build a sustainable digital ecosystem.

Companies - Mon, June 9, 2025 | 11:48 am GMT+7

Finish fund Pyn Elite spends $41.4 mln on MBB shares of MBBank in May

Finish fund Pyn Elite spends $41.4 mln on MBB shares of MBBank in May

Finish investment fund Pyn Elite allocated an additional 3% of its portfolio (VND700 billion or $41.38 million) to 26 million MBB shares of MBBank last month, increasing the holding to 12.4%.

Finance - Mon, June 9, 2025 | 11:43 am GMT+7

Fund manager Eastspring Vietnam appoints new CEO

Fund manager Eastspring Vietnam appoints new CEO

Eastspring Vietnam, one of the largest fund managers in the country by assets under management, last Friday appointed Nguyen Quoc Dung as its new CEO and legal representative.

Finance - Mon, June 9, 2025 | 9:03 am GMT+7

US issues preliminary decision on anti-dumping tariffs for Vietnamese shrimp

US issues preliminary decision on anti-dumping tariffs for Vietnamese shrimp

The US Department of Commerce (DOC) in the early morning of June 7 released preliminary results of its 19th administrative review (POR19) on anti-dumping duties for frozen warmwater shrimp imported from Vietnam.

Companies - Sun, June 8, 2025 | 8:30 pm GMT+7