Monday, April 25, 2011

Vietnamese Premier Concludes Visit to Cambodia

25 April 2011 -- AKP

Vietnamese Prime Minister H.E. Nguyen Tan Dung and his delegation have concluded successfully their working visit to Cambodia.

Before leaving for Vietnam, the Vietnamese prime minister co-chaired, with Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen, the second Cambodia-Vietnam Investment Promotion Conference held on Apr. 24 to boost the bilateral trade and investment ties between the two countries.

Speaking at the conference, the Cambodian premier appreciated all achievements in all fields gained by government and people of Vietnam in the national development of Vietnam.

The Cambodian royal government stood shoulder to shoulder with private sectors, considering them as a vital role in the national growth for the national progress in Cambodia, the Cambodian premier said.

He asked the Vietnamese businesspersons to hold talks with Cambodian investors with the aim of joining together for the success of the investment project in pattern of bauxite exploitation project and Cho Ray Hospital project.

He also said the Cambodian government is making every effort to create a transparent investment environment for the Vietnamese business by simplifying administrative procedures and combating corruption. He called on them to increase their investment in Cambodia.

For his part, the Vietnamese prime minister proposed that the two governments maintain an effective dialogue mechanism to help businesses in the two countries iron out snags and promote business activities.

The Vietnamese government and related ministries and agencies have created incentives for Cambodian businesses to invest in Vietnam and encourage Vietnamese investors to expand business in Cambodia, the Vietnamese premier said.

He also asked Vietnamese businesses operating in Cambodia to comply with the country’s laws, manners and customs, and pay attention to ensuring employment and social welfare as well as reducing poverty.

In 2010, trade revenues between Vietnam and Cambodia hit more than US$1.8 billion, up more than 37 percent from the previous year. Vietnam also invested over US$2 billion in nearly 90 projects in Cambodia. Almost 470,000 Vietnamese tourists visited Cambodia in 2010.

During his two-day stay in Cambodia, H.E. Nguyen Tan Dung was received in a royal audience by His Majesty King-Father Preah Bat Norodom Sihanouk; paid courtesy calls on Samdech Akka Moha Thamma Pothisal Chea Sim, Acting Head of State, and H.E. Nguon Nhel, Acting President of the National Assembly; and held official talks with Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.

The Vietnamese prime minister also co-presided over with Cambodian Prime Minister Samdech Techo Hun Sen the Opening Ceremony of the Headquarters of Cambodia-Vietnam Securities. –AKP

By THOU Peou

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