A waterway transportation agreement between Vietnam and Cambodia that came into effect in 2011 has facilitated the passage of nearly 78,000 vessels and more than 406,000 sailors.
Hanoi (VNA) – A waterway transportation agreement between Vietnam and Cambodia that came into effect in 2011 has facilitated the passage of nearly 78,000 vessels and more than 406,000 sailors.
Some 20 million tonnes of cargo and 1.3 million passengers have been transported via the Vietnam-Cambodia waterway routes, contributing to socio-economic and cultural development in each country and the bilateral friendship, according to the Vietnam Inland Waterways Administration.
The volume of containers on the routes has increased by 20% each year to reach nearly 350,000 TEUS in 2021, and is expected to hit about 400,000 TEUS this year.
Transportation services have generated jobs and brought about 60 million USD to businesses operating on those waterway routes each year.
As of October, around 100 enterprises, organisations and individuals had been operating waterway routes between Vietnam and Cambodia, including big firms with representative offices in Cambodia like SNP, Gemadept, GLS and Tan Cang Cypress.
To accelerate the implementation of the agreement, a joint group has been set up to handle difficulties reported by organisations, individuals and businesses.
The group has also raised proposals to facilitate transportation on the Mekong River.
The Vietnam Logistics Association said State management agencies have taken solutions to make it easier for waterway transportation between the two countries.
The association suggested competent agencies review regulations on goods supervision and inspections and add the coastal route between Vietnam’s Cai Mep-Thi Vai and Cambodia’s Sihanoukville; and the Cua Tieu-Cai Mep-Thaꩲi Vai route into the list of waterways outlined in the agreement./.
The upcoming official visit to Vietnam by President of the Cambodian Senate Samdech Say Chhum from October 24-26 is expected to contribute to consolidating and promoting the good neighbourliness, traditional friendship, comprehensive cooperation and long-term sustainability between the two countries.
President of the Cambodian Senate Samdech Say Chhum and a Cambodian high-ranking delegation have arrived in Hanoi to start a three-day official visit to Vietnam from October 24-26 at the invitation of National Assembly Chairman Vuong Dinh Hue.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.