Vietnam, Cambodia to sign energy agreement

Officials from Vietnam’s Ministry of Industry and Trade and Cambodia’s Ministry of Industry, Mining and Energy reached an accord on the content of a draft agreement during their working sessions between July 21-22.

The 8-article agreement is designed to boost investment cooperation on hydro-electric power plants and the building of power grids connecting the two countries.

It is also aimed at increasing cross-border power sales, promoting mineral exploration and exploitation and encouraging businesses in the two countries to cooperate and implement sustainable development projects to protect the environment and the ecosystem.