HANOI, Aug. 17 (Xinhua) -- Vietnam and Cambodia expressed their strong will in reaching the bilateral trade of two billion U.S. dollars in 2010, the local newspaper Vietnam Investment Times reported Monday.
The target was made at a conference on opportunities for Vietnam to do business in Cambodia. The conference, which was recently-ended in Ho Chi Minh City of Vietnam, drew participation of relevant agencies of both Vietnam and Cambodia.
Cambodia will be a potential market for Vietnam as Cambodian people has turned their eyes on consuming Vietnam's goods and products instead of Thailand's ones, said Yeav Kim Hean, a commercial counselor of Vietnam-base Cambodian Embassy.
Cambodia is calling for foreign investment in its key sectors of hydropower, mining, cultivation of industrial plants, and telecommunication. This opens more opportunities for Vietnam's businesses to invest in Cambodia, said Huynh Tan Phong, vice director of Ho Chi Minh Trade Promotion Agency at the conference.
To reach the target, Vietnam will conduct a wide range of trade promotion activities in Cambodia from now on. These activities include market surveys, conferences on trade cooperation and trade fairs, said Phong.
In 2008, the two-way trade between Vietnam and Cambodia was 1.7billion U.S. dollars, up 31 percent year-on-year. Of which, Vietnam's exports to Cambodia earned about 1.45 billion U.S. dollars, according to Vietnam's Ministry of Industry and Trade.
With 513 businesses having operations in Cambodia, Vietnam ranks 8th among foreign investors in Cambodia, said Yeav, the Cambodian commercial counselor.
The target was made at a conference on opportunities for Vietnam to do business in Cambodia. The conference, which was recently-ended in Ho Chi Minh City of Vietnam, drew participation of relevant agencies of both Vietnam and Cambodia.
Cambodia will be a potential market for Vietnam as Cambodian people has turned their eyes on consuming Vietnam's goods and products instead of Thailand's ones, said Yeav Kim Hean, a commercial counselor of Vietnam-base Cambodian Embassy.
Cambodia is calling for foreign investment in its key sectors of hydropower, mining, cultivation of industrial plants, and telecommunication. This opens more opportunities for Vietnam's businesses to invest in Cambodia, said Huynh Tan Phong, vice director of Ho Chi Minh Trade Promotion Agency at the conference.
To reach the target, Vietnam will conduct a wide range of trade promotion activities in Cambodia from now on. These activities include market surveys, conferences on trade cooperation and trade fairs, said Phong.
In 2008, the two-way trade between Vietnam and Cambodia was 1.7billion U.S. dollars, up 31 percent year-on-year. Of which, Vietnam's exports to Cambodia earned about 1.45 billion U.S. dollars, according to Vietnam's Ministry of Industry and Trade.
With 513 businesses having operations in Cambodia, Vietnam ranks 8th among foreign investors in Cambodia, said Yeav, the Cambodian commercial counselor.
6 comments:
The Cambodian government spends so much money on dressing up Cambodia to make it look nice, how about using that money for human development instead of big useless projects DUMB ASS.
hey, you dumb fucker, just leave the headline alone. Don't rename it, you mother fucker.
i think it is ok to have fun reading, however, just don't allow them to influence us in a bad way, especially with their maverick political views. i say trust, but verify and always come to cambodia to see for yourself. don't always believe in rumour as they is a bad habit and very unreliable in real life as there are many unhappy people out there in the world. just don't let that ruin you view on cambodia. understand the nature of people's subjective attitude in the world, they will always want things to go their ways, if not, they will try to ruin the reputation, etc. so, if we are smarter, then don't give too much attention to bad attitude people out there, instead, investigate it with our own eyes. i thought we all learn that in college!
On January 7, 1979 the Cambodian People Party has saved Cambodian from the killing field, thus Cambodian people should be appreciated to the three principals who have served the country. Samdech Deychu Hun Sen, Heng Samrin and Chea Sim, they are our hero men for the People of Cambodia.
Angkorianma Krama Man
3:36AM ever hurd of Pen Sovan, Koe Chenda, and Sin Song?
Hey 3:36 AM, have you ever heard of a 2/4 up in your bloody arse? I bet you like that!
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