State President to visit Cambodia

Update: December, 19/2014 - 08:38
State President Truong Tan Sang. — Photo Reuters

HA NOI  (VNS) — State President Truong Tan Sang will pay a State visit to Cambodia on December 23-24 at the invitation of Cambodian King Norodom Sihamoni.

Viet Nam is the fifth-largest investor in Cambodia with over US$3 billion invested in 129 projects, predominantly in rubber, fertiliser, health care, banking, aviation and telecommunications.

Between 2009 and 2014, bilateral trade grew by nearly 30 per cent per year. In the first 10 months of 2014, import-export value hit $2.6 billion and is forecast to top $3.5 billion by the end of the year. The countries are working on ways to bring two-way trade to $5 billion by 2015. — VNS