PHNOM PENH: Cambodia and Vietnam are committed to boosting bilateral trade to US$20 billion in the coming years, while further strengthening cooperation across key sectors.
The commitment was reaffirmed during a bilateral talk between Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet and Vietnamese Prime Minister H.E. Pham Minh Chinh at the January 7 Palace in Phnom Penh yesterday afternoon. The meeting took place on the sidelines of the trilateral meeting among the leaders of the Cambodian People’s Party, the Communist Party of Vietnam and the Lao People’s Revolutionary Party, hosted by Cambodia from Feb. 6-7.
Prime Minister Samdech Thipadei Hun Manet warmly welcomed Prime Minister Pham Minh Chinh and his delegation, expressing satisfaction with Vietnam’s participation in the fourth trilateral summit. The previous session held in Ho Chi Minh City in February 2025.
The two leaders highly valued the strong bilateral relationship and cooperation at all levels, which continue to support socio-economic development in line with the guiding principle of “good neighbourliness, traditional friendship, comprehensive cooperation and long-term stability.”
They exchanged views on further expanding cooperation in key areas, including politics and diplomacy, trade and investment, defence and security, energy, education and training, tourism, culture, and transport connectivity, particularly the Phnom Penh–Bavet and Ho Chi Minh City-Moc Bai expressways.
Both sides pledged to continue promoting two-way trade growth toward the US$20 billion target, while enhancing cooperation among border provinces to combat cross-border crime, human trafficking and cyber fraud, with the aim of transforming shared borders into zones of peace, friendship, cooperation and development.
The two prime ministers also underscored the importance of strengthening exchanges between the younger generations of both countries to foster mutual understanding and deepen awareness of their shared history.