Vietnam has given top priorities to enhancing its cooperation with Laos and Cambodia , a senior official has affirmed.
Deputy Minister of Planning and Investment Nguyen Van Trung made theremark before the fourth tourism-investment-trade promotion conferenceof the Vietnam-Laos-Cambodia Development Triangle to be held in Vietnam’s Central Highland province of Dak Lak on November 11.
He emphasised that Vietnam enjoys close cooperation from Lao andCambodian people in the course of building and defending the countryand that the time-honoured friendship and strategic partnership bondedthe three countries have been growing unceasingly.
Trung pointed to the establishment of a coordination committee for theDevelopment Triangle as an indication of the three countries’determination to further their economic, investment, trade and culturalexchange.
According to the Vietnamese official, officials and experts of thethree countries have worked hard in negotiations to push up cooperationprogrammes set forth by the Coordination Committee.
He expressed his belief that more joint policies will be adoptedalongside a greater number of joint investment, trade and tourismpromotion activities to be held facilitating business and investmentdeals among businesspeople of the three countries.
According to official statistics, Vietnam is the largest foreigninvestor in Laos with a combined registered capital of 1.4 billion USDand also a big investor in Cambodia having poured some 600 million USDin the neighbouring country.
Vietnam is also home to eight projects capitalising at 48 millionUSD from Laos and seven projects from Cambodia valued at over 6.2million USD.
In 2008, Vietnam was the second largest exporter of goods to Cambodia ,mainly petroleum, steel and iron, fertiliser, textile and garment andfood. The two countries’ trade turnover rose 37 percent to 1.6 billionUSD in 2008 and is expected to reach 2 billion USD in 2010.
Vietnam ’s trade with Laos has also risen year on year, hitting 455 million USD in 2008.
Vietnam exports to Laos mainly garment and textile, footwear, plasticproducts, rice, computer, electronic products and components, andelectrical wire and cable and imports timber and wood furniture,ordinary metal, completed-assembled vehicles, and tobacco.
The Vietnamese and Lao trade ministries have set to raise the twocountries’ two-way trade value to 1 billion USD in 2010, 2 billion USDin 2015, and 4 billion USD in 2020./.
Deputy Minister of Planning and Investment Nguyen Van Trung made theremark before the fourth tourism-investment-trade promotion conferenceof the Vietnam-Laos-Cambodia Development Triangle to be held in Vietnam’s Central Highland province of Dak Lak on November 11.
He emphasised that Vietnam enjoys close cooperation from Lao andCambodian people in the course of building and defending the countryand that the time-honoured friendship and strategic partnership bondedthe three countries have been growing unceasingly.
Trung pointed to the establishment of a coordination committee for theDevelopment Triangle as an indication of the three countries’determination to further their economic, investment, trade and culturalexchange.
According to the Vietnamese official, officials and experts of thethree countries have worked hard in negotiations to push up cooperationprogrammes set forth by the Coordination Committee.
He expressed his belief that more joint policies will be adoptedalongside a greater number of joint investment, trade and tourismpromotion activities to be held facilitating business and investmentdeals among businesspeople of the three countries.
According to official statistics, Vietnam is the largest foreigninvestor in Laos with a combined registered capital of 1.4 billion USDand also a big investor in Cambodia having poured some 600 million USDin the neighbouring country.
Vietnam is also home to eight projects capitalising at 48 millionUSD from Laos and seven projects from Cambodia valued at over 6.2million USD.
In 2008, Vietnam was the second largest exporter of goods to Cambodia ,mainly petroleum, steel and iron, fertiliser, textile and garment andfood. The two countries’ trade turnover rose 37 percent to 1.6 billionUSD in 2008 and is expected to reach 2 billion USD in 2010.
Vietnam ’s trade with Laos has also risen year on year, hitting 455 million USD in 2008.
Vietnam exports to Laos mainly garment and textile, footwear, plasticproducts, rice, computer, electronic products and components, andelectrical wire and cable and imports timber and wood furniture,ordinary metal, completed-assembled vehicles, and tobacco.
The Vietnamese and Lao trade ministries have set to raise the twocountries’ two-way trade value to 1 billion USD in 2010, 2 billion USDin 2015, and 4 billion USD in 2020./.
