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Vietnam to develop infrastructure for border trade with Cambodia

The Prime Minister has issued a plan to implement a memorandum of understanding on the development and connection of border trade infrastructure between Vietnam and Cambodia.
Vietnam to develop infrastructure for border trade with Cambodia ảnh 1Illustrative photo (Source: VNA)

Hanoi (VNA) – The Prime Minister has issued aplan to implement a memorandum of understanding on the development andconnection of border trade infrastructure between Vietnam and Cambodia.

The implementation started on August 19 and will last untilOctober 2022. If the MoU is extended, the plan will continue to be carried outfor three more years.

According to the plan, ministries, sectors, and localitiesinvolved are set to organise communications campaign to raise awareness on thecontent of the MoU; develop the Vietnam – Cambodia border trade infrastructure;promote trade with Cambodia; and share information and hold training courses;among others.

In the two years 2021 and 2022, they will carry out surveysfor the building of at least a border market; run activities to encourageVietnamese and Cambodian businessmen to invest in border trade infrastructure;increase related trade and investment promotion events; and support firms inintroducing and distributing goods at border markets, trade centres, and tradefairs.

Vietnam and Cambodia share a land borderline of nearly1,137km, passing through ten Vietnamese provinces of Kon Tum, Gia Lai, Dak Lak,Dak Nong, Binh Phuoc, Tay Ninh, Long An, Dong Thap, An Giang, Kien Giang and nineCambodian provinces of Rattanakiri, Mondulkiri, Kratie, Tbong Khmum, SvayRieng, Prey Veng, Kandal, Takeo and Kampot./.
VNA

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