King Norodom Sihamoni will make his second official visit to
next week, where he will meet the Vietnamese president and other officials to
"strengthen the friendship between the two countries," a Ministry of
Foreign Affairs spokesman said.
The Cambodian delegation could push for increased investment
between the neighbors, the spokesman, Sin Bunthoeun, said, adding that most of Vietnam's
current investments in Cambodia
investments in Cambodia
are mostly rubber cultivation, said Hang Chuon Narong, secretary-general of the
Ministry of Finance.
"Investment of Vietnam
in Cambodia is small, but Vietnam
is one of the big trade partners with Camboodia," he said.
Two-way trade between the two countries reaches about $600
million per year, he said. Cambodia
exports rubber, corn, beans and cigarettes to Vietnam, while importing
construction materials, packaged food and other goods.
Independent economist Sok Sina noted predicted the already
good trade between the two was likely to increase further, thanks to their
proximity to each other and a prolonged period of good relations.
Shortly after he took the throne in 2004, Sihamoni traveled
Vietnamese embassy spokesman Trinh Ba Cam said.