Cambodia-VN business forum to be held

VGP - A Viet Nam – Cambodia business cooperation forum and a caravan tour for Vietnamese and Cambodian businesspeople will be held in Cambodia from December 5 – 8.

November 05, 2019 4:29 PM GMT+7

VCCI Can Tho Director Nguyen Phuong Lam speaks at the press conference

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.

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, he added.

As many as 180 businesspeople and 50 cars from 20 Vietnamese cities and provinces will join the caravan tour.

As of the late 2019, the country had over 200 projects worth more than US$ 3 billion in Cambodia while Cambodia poured over US$ 64 million in more than 21 projects in Viet Nam.

In the first nine months of this year, two-way trade neared US$4 billion, which is expected to hit US$ 5 billion by 2020.

To be organised by the Can Tho chapter of the Viet Nam Chamber of Commerce and Industry and Tien Giangentrepreneurs’ club in Ho Chi Minh 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.

By Vien Nhu