PHNOM PENH, July 4 (Xinhua) -- Cambodia is happy to see Pheu Thai Party's landslide victory in the Thai parliamentary election and looking forward to working with the new Thai government on solving the border dispute, said Cambodian deputy Prime Minister and foreign minister Hor Namhong on Monday.

"We are delighted with the victory of Pheu Thai Party, we hope that the new government formed by the Pheu Thai Party will resolve border issues with Cambodia more positively than the previous government," he told reporters.

"Cambodia wants a fair and peaceful solution on border conflict, based on international laws, good neighborhood and friendship between Cambodian and Thai peoples, and the judgment of the International Court of Justice in 1962," he said.

Thailand's opposition Pheu Thai Party's candidate for prime minister Yingluck Shinnawatra declared victory while the ruling Democrat Party leader Abhisit Vejjajiva conceded his party's defeat shortly after voting ended on Sunday.

Yingluck Shinawatra, the youngest sister of exiled former Prime Minister Thaksin Shinawatra, is set to become the country's first female prime minister.

Cambodia and Thailand have had sporadic border conflict over territorial dispute near the Preah Vihear temple since the UNESCO listed the 11th century temple as a World Heritage Site on July 7, 2008.