The Ministry of Planning and Investment was authorized to sign the Protocol with Cambodian side,
The relations between the two countries have been flourishing over the past time, particularly in the fields of economics, trade, investment and tourism.
Two-way trade turnover increased sharply to US$2.8 billion in 2011 from US$1.2 billion in 2007. The figure reached nearly US$1.5 billion in the first five months of 2012.
Vietnamese enterprises have over 110 investment projects in Cambodia with total registered capital of US$2.4 billion.
Recently, the two countries held the 3rd Investment Promotion Conference in Ha Tien town of the Southern province of Kien Giang to boost the bilateral trade and investment ties.
By Kim Loan
