Vietnam-Cambodia business forum slated for December

Monday, Nov 04, 2019 07:06

VCCI Can Tho Director Nguyen Phuong Lam (mid) speaks at the press conference. — VNA/VNS Photo

A Viet Nam – Cambodia business co-operation forum will take place in Cambodia from December 5 – 8 with the participation of 180 businesspeople, heard a press conference in the Mekong Delta city of Can Tho last week.

To be organised by the Can Tho chapter of Viet Nam Chamber of Commerce and Industry and Tien Giang entrepreneurs’ club in HCM City, the forum, the first of its kind in Cambodia, is expected to open up economic, trade and investment opportunities for the two countries’ businesses.

VCCI Can Tho Director Nguyen Phuong Lam said Cambodia borders four Mekong Delta provinces, including An Giang, Kien Giang, Dong Thap and Long An. Trade and investment ties between the two countries have seen positive changes in recent years.

As of late 2019, Viet Nam had more than 200 projects worth in excess of US$3 billion in Cambodia while Cambodia poured $64 million into projects in Viet Nam.

Two-way trade neared $4 billion in the first nine months of this year and is expected to hit $5 billion by 2020.

According to Lam, VCCI Can Tho plans to hold an annual event rotating between Cambodia and the Mekong Delta to boost trade and investment between the two nations. — VNS

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