WHILE CAMBODIA REMAINS OCCUPIED BY VIETNAM 1979-2011 Cambodia, Vietnam pledge closer cooperation 10:58, April 24, 2011
Cambodian Prime Minister Hun Sen (R, Front) and visiting Vietnamese Prime Minister Nguyen Tan Dung (L, Front) attend a signing ceremony of cooperation documents in Phnom Pehh, Cambodia, on April 23, 2011. The two premiers held a meeting here on Saturday, during which Cambodia and Vietnam pledged to boost political and economic cooperation for the interests of the two nations. (Xinhua/Phearum) Cambodia and Vietnam on Saturday pledged to boost political and economic cooperation for the interests of the two nations, Srey Thamrong, a minister attached to the Prime Minister Hun Sen, told reporters on Saturday. During his one-hour meeting with Cambodian Prime Minister Hun Sen, the visiting Vietnamese Prime Minister Nguyen Tan Dung said that his visit to Cambodia was to strengthen and expand political and economic ties between the two neighboring countries, especially to boost Vietnamese investors to Cambodia, Srey Thamrong told reporters after the meeting. The two premiers agreed on all points in the negotiation on land boundary demarcation and pledged to push the border demarcation between Cambodia and Vietnam to complete before 2012 in order to build a border line with peace, cooperation and development for the interests of the two countries' people, he added. In the last few years, major Vietnamese investors have flocked to do businesses in Cambodia and help to develop Cambodia's economy, especially the investment in rubber plantations. Hun Sen has highly appreciated the good cooperation between the two countries and also informed Dung about the two straight days of armed conflict between Cambodian and Thailand troops at Ta Krabey and Ta Mon temples and some areas along the border in Oddar Meanchey province. Dung said that Vietnam is extremely concerned over the issue and has already informed Thai ambassador to Hanoi about its concern over the issue. Meanwhile, the two prime ministers unanimously expressed concern over the impact that could result from the construction of the Xayaburi hydro-electric dam in Laos. The two premiers agreed to suggest Laos to cooperate with Cambodia, Vietnam and Thailand to study thoroughly about the environment impact before deciding building the dam. After the meeting, the two premiers witnessed a signing ceremony of two documents, including the Joint Venture Agreement on the Establishment of Cambodia Angkor Air and the memorandum of understanding on the modification in some remaining areas of the land boundary between the governments of Cambodia and Vietnam. Nguyen Tan Dung, headed a high delegation, arrived here on Saturday to pay a two-day working visit at the invitation of his Cambodian counterpart Hun Sen. Source: Xinhua Vietnam PM chairs investment conference in Cambodia Last updated: 4/25/2011 13:25 PM Nguyen Tan Dung chairs the second Vietnam-Cambodia Investment Promotion Conference in Phnom Penh on April 24. Prime Minister Nguyen Tan Dung and his Cambodian counterpart Samdech Hun Sen co-chaired the second Vietnam-Cambodia Investment Promotion Conference in Phnom Penh on Sunday. “The second Vietnam-Cambodia Investment Promotion Conference is significant and necessary for the current period as the event will serve as a channel for regular information exchange between the two countries and business circles,” Dung said. Dung, who was on a two-day visit to Cambodia that wrapped up Sunday, praised the outcomes of economic and trade cooperation attained by the two countries after the first conference, describing them as the foundation for the two sides to further cooperation and tap their potential effectively. “The Vietnamese government resolves on encouraging and creating favorable conditions for its businesses to invest in other countries in general, and in Cambodia in particular,” Dung told the participants, who also included 200 businesses from both countries. Taking the floor, Cambodian PM Hun Sen underlined the importance and significance of the conference. He pledged the creation of a profit-making environment, noting the Cambodian government is pressing ahead with reforms in several areas to facilitate trade and investment in the fields it boasts high potential, such as telecom, rubber tree planting, mining, and hydropower. Representatives from the Development Council and the Chamber of Commerce of Cambodia introduced to the conference their country’s economic development strategy together with its key areas and investment promotion policies and repeated the Development Council’s commitments to Vietnamese investors in Cambodia. Over the past years, the friendship and all-sided cooperation between Vietnam and Cambodia has been deepened. The two countries have signed over 60 legal documents on bilateral cooperation in almost all fields and created necessary cooperative mechanisms to fit their current development requirements. As a result, economic and trade ties between the two countries have grown steadfastly. The two-way trade value has increased year on year, from US$950 million in 2006 to hit over $1.8 billion in 2010. Realizing their advantages and disadvantages, the two sides have also proactively discussed measures to boost economic and trade cooperation, including the opening and upgrade of several border economic zones and border markets. Vietnam has to date had 87 invested projects with a total capital of over $2 billion in Cambodia, ranking third among foreign investors there. These projects are mostly engaged in telecom, aviation, agriculture, rubber tree planting, energy, hydropower, mining and banking. At the end of the conference, the two PMs witnessed the signing of memorandums of understanding on investment promotion and management between the Ministry of Planning and Investment of Vietnam and the Development Council of Cambodia. They also witnessed the hand-over of investment licenses to the Lower Se San 2 hydropower project and the iron ore mining project between the Vietnamese Ministry of Industry and Trade and the Cambodian Ministry of Industry, Energy and Mining. Earlier, the two PMs cut the ribbons to launch the Vietnam-Cambodia Securities Company. Date: Mon, 25 Apr 2011 20:15:01 -0700 Subject: Krom Dankov Bam-planh Khmer (by Ung Thavary) From: [email protected] To: [email protected] Please see attachment. Thanks, V.S. -- You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org -- You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org
