Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen held a reception for newly-appointed Cambodian Consul General Chan Sorykan on Wednesday.
Sorykan took the position in Ho Chi Minh City on April 11.
Speaking at the reception, Sorykan expressed his gratitude to city authorities for creating favorable conditions for Cambodian firms to do business and Cambodian students to study in Vietnam.
Two-way trade between Vietnam and Cambodia reached VND235 trillion (US$10 billion) in 2022, Sorykan said, adding that the impressive figure has contributed to fostering bilateral ties and backing the partnership between Phnom Penh and Ho Chi Minh City.
The Vietnam – Cambodia diplomatic relationship has developed for 56 years, said Ho Chi Minh City Party chief Nen.
The two countries will survive ongoing global uncertainties and thrive strongly thanks to the long-term friendship and solidarity, he underscored.
Ho Chi Minh City will step up efforts to boost cooperation between the two sides to fuel their socio-economic growth, he added.
Vietnam is involved in 188 operational projects in Cambodia with a total registered capital of VND65.7 trillion ($2.8 billion), making the former the latter’s largest investor in Southeast Asia.
Between January and September last year, bilateral trade totaled VND199 trillion ($8.45 billion), up 16.7 percent year on year.
As of October 2021, trade between Ho Chi Minh City and Cambodia had amounted to over VND5.4 trillion ($230 million), a year-on-year increase of 12.7 percent.
Cambodia had invested in 12 projects in Ho Chi Minh City as of April 2022, with a total pledged capital of VND80 billion ($3.04 million), making the country rank 53rd among 116 nations and territories making investments in the city.
Over the past years, Vietnam has been Cambodia’s biggest tourist source market.
In the first quarter of 2022, more than 46,000 Vietnamese tourists visited neighboring Cambodia.