Prime Minister Nguyen Tan Dung's two-day official visit to Cambodia would contribute to the boosting of Viet Nam and Cambodia relations following the principles "good neighbourliness, traditional friendship, comprehensive co-operation and long term stability".
The visit comes at the invitation of Cambodian Prime Minister Samdech Hunsen and will be followed by official visits to Laos from December 19-20 and Thailand from December 20-21, at the invitations of Lao Prime Minister Buasone Bouphavanh and Thai Prime Minister Surayud Chulanont.
He was accompanied by Deputy Prime Minister and Foreign Minister Pham Gia Khiem and Minister of Industry Hoang Trung Hai.
Viet Nam and Cambodia which have had established diplomatic relations since 1967, will be looking to focus on enhancing co-operation in security and national defence, especially along their shared borders. The two sides agreed to develop bilateral relations following the principles "good neighbourliness, traditional friendship, comprehensive co-operation and long term stability".
The regional neighbours have had an established joint committee on economy, culture, science and technology since 1994, and have been increasingly using the committee as a vehicle to bolster co-operation in these fields. In recent years, relations between the two sides have been developing briskly. Bilateral trade turnover between the two countries last year saw a 40 per cent year on year increase to reach US$700 million, with both sides eager to expand on that work, they have set a bilateral trade turnover target of $1 billion for this year.
The two ASEAN members have been increasingly exchanging high level visits between leaders over the last five years in particular, and along with their own bilateral co-operation, they have become key participants within ASEAN and other regional and international forums. The two sides have also been very active in endeavouring to accelerate the formation of the ASEAN Free Trade Area (AFTA) and the Chinese-ASEAN Free Trade Area (CAFTA), as well as regional development programmes such as Development Triangle Viet Nam-Laos-Cambodia and the East-West Corridor.