Cooperation between Ho Chi Minh City and the Cambodian northwestern province of Banteay Meanchay has great potential, the city leader said.

Chairman of Ho Chi Minh City People’s Committee Le Hoang Quan made the remark while receiving a delegation from Banteay Meanchay, led by its Governor Oung Oeun on Oct. 3.

At the reception, the two leaders affirmed that many businesses in Vietnam and in Ho Chi Minh City had held trade promotions and engaged in effective investment in Cambodia ’s localities recently, with two-way trade between Vietnam and Cambodia reaching about 2 billion USD.

Quan said the visit contributed to promoting the multifaceted relations between the two localities.

Oung Oeun expressed his pleasure at witnessing the strong and dynamic development of Ho Chi Minh City and said he wished to further strengthen and tighten cooperation between the two localities and two nations in the future.

Oung Oeun introduced Banteay Meanchay province’s potential for development of tourism, agricultural and mineral exploitation to the HCM City’s leader, hoping that Vietnamese businesses will invest in processing plants for wheat flour and cement as well as in rubber tree plantations in the province, with the locality planning to replace 40,000 hectares of forest with rubber trees./.