Vietnam prioritises cooperation with Laos, Cambodia
Vietnam has given top priorities to enhancing its cooperation with Laos and Cambodia , a senior official has affirmed.
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 the remark before the fourth tourism-investment-trade promotion conference of 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 and Cambodian people in the course of building and defending the country and that the time-honoured friendship and strategic partnership bonded the three countries have been growing unceasingly.
Trung pointed to the establishment of a coordination committee for the Development Triangle as an indication of the three countries’ determination to further their economic, investment, trade and cultural exchange.
According to the Vietnamese official, officials and experts of the three countries have worked hard in negotiations to push up cooperation programmes set forth by the Coordination Committee.
He expressed his belief that more joint policies will be adopted alongside a greater number of joint investment, trade and tourism promotion activities to be held facilitating business and investment deals among businesspeople of the three countries.
According to official statistics, Vietnam is the largest foreign investor in Laos with a combined registered capital of 1.4 billion USD and also a big investor in Cambodia having poured some 600 million USD in the neighbouring country.
Vietnam is also home to eight projects capitalising at 48 million USD from Laos and seven projects from Cambodia valued at over 6.2 million USD.
In 2008, Vietnam was the second largest exporter of goods to Cambodia , mainly petroleum, steel and iron, fertiliser, textile and garment and food. The two countries’ trade turnover rose 37 percent to 1.6 billion USD 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, plastic products, rice, computer, electronic products and components, and electrical 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 two countries’ two-way trade value to 1 billion USD in 2010, 2 billion USD in 2015, and 4 billion USD in 2020./.
Deputy Minister of Planning and Investment Nguyen Van Trung made the remark before the fourth tourism-investment-trade promotion conference of 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 and Cambodian people in the course of building and defending the country and that the time-honoured friendship and strategic partnership bonded the three countries have been growing unceasingly.
Trung pointed to the establishment of a coordination committee for the Development Triangle as an indication of the three countries’ determination to further their economic, investment, trade and cultural exchange.
According to the Vietnamese official, officials and experts of the three countries have worked hard in negotiations to push up cooperation programmes set forth by the Coordination Committee.
He expressed his belief that more joint policies will be adopted alongside a greater number of joint investment, trade and tourism promotion activities to be held facilitating business and investment deals among businesspeople of the three countries.
According to official statistics, Vietnam is the largest foreign investor in Laos with a combined registered capital of 1.4 billion USD and also a big investor in Cambodia having poured some 600 million USD in the neighbouring country.
Vietnam is also home to eight projects capitalising at 48 million USD from Laos and seven projects from Cambodia valued at over 6.2 million USD.
In 2008, Vietnam was the second largest exporter of goods to Cambodia , mainly petroleum, steel and iron, fertiliser, textile and garment and food. The two countries’ trade turnover rose 37 percent to 1.6 billion USD 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, plastic products, rice, computer, electronic products and components, and electrical 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 two countries’ two-way trade value to 1 billion USD in 2010, 2 billion USD in 2015, and 4 billion USD in 2020./.
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