Thursday, August 05, 2010

Vietnam becomes Cambodia’s third largest investor

08/05/2010
VOV News (Hanoi)

Vietnam has initiated 63 projects in Cambodia, with a total investment of US$900 million, generating jobs for 30,000 local people and making Vietnam Cambodia’s third largest investor.
The figures were announced at a seminar on Vietnam-Cambodia trade relations held in Phnom Penh on August 5 with the participation of 150 businesses from the two countries.

Representatives of the Vietnamese Ministry of Trade and Industry and the Cambodian Trade Ministry introduced some new investment incentives that are aimed at boosting bilateral trade relations.

During the past ten years, the two-way trade turnover between Vietnam and Cambodia has increased steadily from US$146 million in 2001 to more than US$1 billion in 2009. Turnover reached US$862 million in the first half of this year, including US$728 million from Vietnamese exports, up 34.2 percent from the same period last year.

Cambodia is one of Vietnam’s key investment destinations. According to the Vietnam Ministry of Planning and Investment, since July 2009 seven Vietnamese-invested projects have been licensed in Cambodia, with a total capital of about US$400 million. These projects focus in such areas as finance, energy, aviation, agriculture and mining.

8 comments:

Anonymous said...

I thought! mothrfucker Vietnamese was #1 ! The evil own ah Kwach Hun Xen ah choy maray !!!!!!!

Anonymous said...

Vietnam will control the whole Cambodia if Khmers are still stupid.

Anonymous said...

yep!every one seemed to focus on thai,situation they're for got all about viet,they will control all economics sectors in cambodia's and leaving cambodian people with not things but to be slaves to them on our own nation.

Anonymous said...

Where da fuck ah Youn get all the money from to invests in Cambodian, Why don't they invests in these own Country.We're Khmer people never ever well come ah Youn in our country get da fuck out thieves people.

Anonymous said...

we observed that when cpp won 90 seats by stealing, many veitnam or yourn companies both government and private come to get contract,office opening in Cambodia. Veit thinks this is a favor time to earn money and control cambodia's econmy and should harry up because own pupet is still on the power.

Anonymous said...

juss tekk krawpeu leung leur klar

Anonymous said...

Anonymous said...If the CPP or Vietnamese govt put overload on Khmer people , one day they will rise up against them like we put too much air in our car's tire it will burst and kill people nearby.We knew that Khmer are sharp heart.The Khmer angered flame can not put it down.They will kill all Vietnamese in seven days.Don't make Khmer mad....

Anonymous said...

youn is a developing country as well as Cambodia, and youn is also looking for foreign investors. Why youn come to invest in cambodia but not in your country? Youn's products are low quality. They see the cam.land to make like khmer krom 21 provinces.