Cambodia-Vietnam border market launched to boost trade
- Vietnam, Cambodia promote bilateral cooperation in fighting human trafficking
- Vietnam, Cambodia to hold first land border search, rescue drill
- Vietnam – Cambodia business cooperation forum to boost trade
Dubbed "Da Market", the 68-booth market is located along the border in Memot district in southeast Cambodia's Tboung Khmum province.
Cambodian Prime Minister Hun Sen, Vietnamese Deputy Prime Minister Trinh Dinh Dung at the inauguration ceremony. |
The inauguration ceremony saw the presence of Cambodian Prime Minister Hun Sen, Vietnamese Deputy Prime Minister Trinh Dinh Dung, Government officials, leaders of ministries and sectors from the two countries as well as around 8,000 locals living in the shared border area.
According to the NDO, the market was constructed in January 2018 on an area of nearly 20,000 square meters at Thary Tbaung Khmum special economic zone in Memot district, Tbong Khmum province, Cambodia. It is opposite to Vietnam’s Chang Riec border gate in Tan Bien district, Tay Ninh province.
The project has seen a total investment of nearly VND45 billion (US$1.94 million) as part of the Vietnamese Government’s non-refundable aid package to Cambodia.Cambodian Prime Minister Hun Sen, Vietnamese Deputy Prime Minister Trinh Dinh Dung at the inauguration ceremony. |
For his part, Vietnamese Deputy Prime Minister Trinh Dinh Dung stressed that the project is of huge significance in the bilateral economic, trade and investment relations.
He expressed his belief that with its favourable location and strong support from the two Governments and peoples, Da market will become a key trade location which can help to reduce poverty and improve the standard of living for people in the shared border areas.