Tay Ninh boosts trade, investment, tourism ties with Cambodian localities
Authorities of the southern province of Tay Ninh held a working session with a delegation from the Cambodian Ministry of Foreign Affairs and International Cooperation on October 4 to boost its trade, investment and tourism cooperation with Cambodian localities.
Tay Ninh (VNA) ♑– Authorities of the southern province of Tay Ninh held a working session with a delegation from the Cambodian Ministry of Foreign Affairs and International Cooperation on October 4 to boost its trade, investment and tourism cooperation with Cambodian localities.
Standing Vice Chairman of the provincial People's Committee Nguyen Hong Thanh said Tay Ninh is now home to 337 projects, including 273 foreign-invested ventures worth over 8.79 billion USD and 64 domestic projects valued at more than 12.2 trillion VND (508 million USD). These investments have come from 21 countries and territories.
Tay Ninh has also extended its economic reach into Cambodia, with three projects valued at over 3.69 trillion VND, which focus on industrial crop planting and rubber processing.
A key focus of the meeting was the Ho Chi Minh City-Moc Bai expressway project, which will connect to the Ba Vet-Phnom Penh expressway as approved by both countries. Once completed, this will further enhance the two-way trade.
Thanh expressed Tay Ninh's commitment to collaborating closely with Cambodian diplomatic agencies and provinces to realise signed cooperation agreements, facilitate trade and cultural exchanges and healthcare and education cooperation activities for mutual development.
Under-Secretary of State of the Cambodian Ministry of Foreign Affairs and International Cooperation Ouk Sophorn said Cambodia is interested in enhancing transportation infrastructure connectivity among the border gates of Cambodian provinces and Vietnam's Tay Ninh and Ho Chi Minh City.
He also highlighted the potential for connecting Tay Ninh's Ba Den mountain national tourist area with Cambodia's iconic Angkor temple complex to further boost tourism opportunities.
The Cambodian ministry is ready to share information for tackling challenges, contributing to nurturing and deepening the friendship and cooperation between Vietnam and Cambodia, he said./.
The southwest province of Tay Ninh and its neighbouring Cambodian province of Svayrieng along with the Ministries of Transport of Vietnam and Cambodia have agreed on the building of two goods storage sites for joint customs checks at the Moc Bai-Ba Vet border gates.
Nguyen Thi Thu Thuy, Chairwoman of the Tay Ninh People’s Committee, said that Tay Ninh had always cherished the tradition of cooperation and friendship with Cambodian border provinces to the benefit of the people of the two countries.
Cross-border trade between Vietnam and Cambodia through 16 border gates in the southern province of Tay Ninh hit 650 million USD in the first seven months of this year, according to the provincial Department of Industry and Trade.
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