PMs of Cambodia and Vietnam Pledge to Boost Bilateral Trade to US$5,000 Million in 2015


image001Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and visiting Vietnamese Prime Minister H.E. Nguyen Tan Dung affirmed to further boost the cooperation between the two countries on sectors of economy, investment, trade and tourism.

The two premiers made the affirmation while they were presiding over here yesterday the inauguration ceremony of Cho Ray Phnom Penh Hospital, a joint investment project between Cambodia and Vietnam.

Both sides also pledged to increase the two-way trade to US$5 billion in 2015, up from US$3.5 billion in 2013.

H.E. Nguyen Tan Dung expressed his pleasure to visit Phnom Penh and participate in the inauguration ceremony of the hospital, which is a result of the good cooperation between the two countries. He further hoped that Vietnamese localities, businesses and hospitals will continue to invest in Cambodia in contribution to respond to Cambodians’ demand for healthcare and to strengthen the traditional ties of friendship between the two neighboring countries.

For his part, Samdech Techo Hun Sen explained his initiative to seek Vietnamese investment in building Cho Ray hospital in Phnom Penh and thanked profoundly the Vietnamese government for its support to Cambodia, especially in healthcare.

Located on an area of five hectares along the National Road No. 1 in Meanchey district, the hospital was built between May 2010 and November 2013 at a total cost of US$42 million for the first phase. The 200-bed hospital employs in total 200 local and foreign staff and it is planning to add more 300 beds in the second phase.

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