The Vietnam Embassy in Cambodia will work with relevant agencies and
departments to create the optimal conditions for Vietnamese businesses
to promote their investment activities in Cambodia.
The assertion was made by Vietnamese Ambassador in Cambodia Ngo Anh
Dung, who chaired a meeting with Vietnamese businesses on March 21.
The event drew the participation of about 70 companies investing in
Cambodia in the fields of agricultural production, telecommunication,
aviation, healthcare and banking.
At the meeting,
participants were informed of Cambodia’s socio-economic development
over the past years and its legal policies for Vietnamese
businesspeople.
Dung further said that Cambodia
is an attractive market for foreign investors thanks to its open market
economy and relatively clear policies to attract foreign investment.
He also highlighted the sound political relations between Vietnam
and Cambodia , which will create favourable conditions for Vietnamese
companies to succeed in the country.
The ambassador
highly valued the effective business activities of Vietnamese
entrepreneurs, which have partly contributed to Cambodia’s social
welfare works and to the overseas Vietnamese community.
About 200 Vietnamese companies are operating in Cambodia .
In 2012, bilateral trade reached 3.3 billion USD, and Vietnam became
Cambodia ’s second largest trade partner after Thailand.-VNA