Vietnam, Cambodia promote trade and investment opportunities

(VOV) - Phnom Penh on May 8 hosted the Vietnam-Cambodia trade and investment promotion seminar to strengthen closer connectivity among businesses.

Addressing the seminar, the Cambodian Minister of Tourism, Thong Khon, highlighted HCM City’s efforts in implementing investment promotion activities in Cambodia, particularly in organising the annual Ho Chi Minh City Expo in Phnom Penh.

Minister Thong Khon urged Vietnamese businesses to boost cooperation with Cambodian partners, especially in the tourism sector in which both nations have great potential for stronger development.

Vice chairwoman of HCM City’s People Committee Nguyen Thi Hong emphasised that HCM City wants to play an active role in fostering traditional friendship and comprehensive cooperation between Vietnam and Cambodia, specifically in the economic field.

Over the years, HCM City’s investment in the Cambodian market has proved effective as some local businesses have established stable and long-term partnership with Cambodian enterprises. Furthermore, high quality Vietnamese products are sold at competitive prices, meeting the Cambodian consumers’ demand.

At the seminar, businesses shared experiences and investment information and learnt about the need for investment cooperation.

They also asked relevant agencies to help remove investment barriers to boost trade promotion activities, thus making economic and trade ties commensurate with the two countries’ great potential.

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