Thursday, July 28, 2011

Vietnam businesses eyeing the Kingdom

Wednesday, 27 July 2011
May Kunmakara and Sim Virinea
The Phnom Penh Post

Cambodia offers plenty of opportunity for Vietnamese investors, though challenges such as high transportation costs and a shortage of skilled labour remain, experts said yesterday.

Represents of about 100 Vietnamese firms met with Cambodian counterparts yesterday for a one-day Oversea Entrepreneur Forum in Phnom Penh, organised by the Vietnamese embassy, said Vietnam commercial attaché Tran Tu.

“I think Cambodia is making improvements to infrastructure, but it could be developed more as the cost of transportation is higher than Vietnam,” he said.


Increased intra-ASEAN linkages also stood to improve the human resources situation, he added.

Vietnam Rubber Group President Leng Rithy said that further cooperation among government officials could also benefit the economy.

“Lower-ranking officials should pay more attention to the country’s development rather than their own,” he said.

Vietnam Rubber Group operations in Cambodia comprise of 17 companies with 100,000 hectares of concession land, and aims to invest millionsof dollars in rubber plantations.

Vietnam Deputy Minister of Industry and Trade Le Danh Vinh said the two countries had signed a number of important agreements facilitating trade.

“Now there is a good and favourable environment for entrepreneurs from both side to seize the chance to strengthen investment and trade activities,” he said at yesterday’s event.

Tran Tu said that over 200 companies from neighbouting Vietnam are presently operating in the Kingdom.

University of Cambodia Business and Economics lecturer Chheng Kimlong said the government had done plenty of work upgrading connectivity at international border points in order to reduce unnecessary payments.

The total direct investment from Vietnam to Cambodia rose by 87 to $156 million in the first half of the year a jump from $83 million for the period in 2010, according data from CDC. Bilateral trade increased by 57 percent in the period to $1.351 billion, figures from the Vietnam trade office in Phnom Penh show.

16 comments:

Anonymous said...

we don't care, everybody can do business in cambodia, we care more about respect of the rule of law, etc, ok!

Anonymous said...

នរណាចង់ធ្វើអ្វីក៏ធ្វើទៅកុំតែរំលោពច្បាប់បានហើយ
គំនិត្យរបស់អាបក្សប្រឆាំងគឺមិនខុសអំពីអាពតប៉ុន្មាន
នោះទេ។គិតទៅអាបក្សប្រឆាំងរបស់អាសមរង្សីទាំង
នេះកោតថាពួកវាជាអ្នកចេះទៀត។បើម្នាក់ៗរកតែ
ឈាមប៉ុនមួសខាំជួយអាយុជីវិតពលរដ្ធខ្មែរក៏មិនបាន
ផងនោះហើយមកស្រែកក្តែងៗថាជាអ្នកជួយប្រជាជនខ្មែរផង។អាពួកនេះវាមិនខុសនឹងវិទ្យពួកអាវង្វេងជាតិ
អាស៊ីសេរីនោះទេ។

Anonymous said...

Your fucking racist, KI team, business is business okey? You come to US and open your business and I will give a bullet in your head

Anonymous said...

3:56 AM,

Take it easy, my friend! Calm down!

There is no need to have so much anger. Sit down and relax.

Your comment has more influence when you write with a calmed head.

There is no need to threaten with violence as I don't want to see you in jail, my beloved friend.

Anonymous said...

Youn Business in Cambodia is about Vietnamization of Cambodia.
Youn Business in Cambodia is about the Westward journey of Ho chi Minh dream to swallow Cambodia, Lao day by day.
Youn swallows the East border and deeply inside antd will go to Thai too..
The friendship from youn is a poisonous tumor for Cambodia.

Khmer must awake to take back our lands from YOUN.

Anonymous said...

10 millions coming to Cambodia 100 millions to Vietnam. CPP business is a very business for the high ranking officers that is under the table business.

Anonymous said...

10 millions coming to Cambodia 100 millions to Vietnam. CPP business is a very good business for the high ranking officers that is under the table business.

Anonymous said...

what a lyied! shortage of skilled khmer labour.......it a way to bring Viet or boat to to Khmer...

Anonymous said...

The way things happen in Cambodia now is a carbon copy of what happened in Khmer Krome when Yourn started to annex her.


First, they sent their people there, then they set up the businesses, the hospitals ,the associations, the super markets and created the body guard units (army in disguise) and flooded the land with more of their own peoples and see what it looks like now.

Anonymous said...

Khmericans = Shit the scum of American society, They can't even help Khmer Nation where they were born and how can they help American society! What’s a shameful on khmericans.

Khmericans is the most shameful community in America -> reason why they are just an opportunities people who are not afraid in sell out their Khmer Nation as well as Cambodia and How can American will put trust in these Khmericans in defence democracy and America.

Very shameful Khmericans! over 225 000 but only 100 Khmericans were turn up for Cambodia and Cambodian people justice.
The scum and the most shit cheap community in America is Khmerican. Why? Because over 225 000 Khmericans but only 100 Khmericans were turn up for protest against injustice in Cambodia. 100 Khmericans = less than 0.045% of total Khmericans population in the USA.

If these people who called themself Khmericans can't even stand to protest the injustice in their motherland called Cambodia. How can American people trust these Khmericans in protect America Nation. What’s a joke!
Shame on Khmericans! American people won't trust Khmericans in saying Khmericans will defend America because Khmericans can't even stand to fight the injustice issues in Cambodia. Khmericans in fact are opportunities and selfish community in America. Khmericans are so cheap as they demonstrate last protest 100 Khmericans were turn up out of over 225 000 total Khmericans. Khmericans are scum living beneath AMERICA SOCIETY.

Khmericans have no honour in say they will defence America because Khmericans can't even defend their previous country.

Shame! Shame! On Khmericans, over 225 000. You know you are nothing but scum in American Society.

Pi Anh,

Anonymous said...

WHY? KHMER SO MUCH AFRAID OF VIETNAMESE, SUCKED, SUCKED

Anonymous said...

during french colonial period, the french said the same thing about low skilled workers khmer, so they brought in viet/youn to take over khmer jobs, etc, in cambodia. bad idea for french, now the viet/youn is repeating the same thing the french did when they colonize cambodia. that is so outdated and biased against khmer workers, to say the least, really! who the fuck is viet/youn to tell khmer that when they invest and do business in cambodia! i say khmer people should deport this asshole, biased youn thugs to to the province of china where they came from, really!

Anonymous said...

We welcome you, the Viet bosses, to your newest province, Nambodia! If there are anything you wish us to do, we will be happy to oblige.

How many Khmer girls do you want to fuck tonight?

Your Khmer slaves.

Anonymous said...

why viet/youn so interested in doing business in cambodia? what's wrong with their own country? it goes to say a lot about youn country is unattractive fora their own business!

Anonymous said...

Some blogger here want Cambodia to
be like champa,Khmer Krom,and Lao.

But Sam Rainsy Party won't want to
be Vietnam slave.Khmer nationalists
want to be free and independent.

Be a province of Vietnam or
be an independent country?

Few blogger here want Cambodia to
be a province of Vietnam,but the
other ones want to be free and
independent.

ច្បាប់មានពីរយ៉ាង%
ក}ច្បាប់លទ្ធិប្រជាធិបតេយ្យសេរីនិយម
ខ)ច្បាប់ព្រៃ ច្បាប់កុម្មុយនិស្ត ច្បាប់កាន់
​ លទ្ធិផ្ដាច់ការ។
ច្បាប់ជំពូក(ក)ជាច្បាប់គ្រប់គ្រងស្រុកត្រឹមត្រូវ
មានកំណត់អាណត្តិនាយករដ្ធមន្ត្រីពីរអាណត្តិ
គត់គឺគ្មានសិទ្ធិឈរឈ្មោះទៀត។
ច្បាប់ជំពូក(ខ)ជាច្បាប់ព្រៃ ច្បាប់កុម្មុយនិស្ត
និង ច្បាប់ផ្ដាច់ការ។
ហ៊ុន សែនជាជនផ្ដាច់ការគឺ ប្រើពាក្យ
"អញនិយម"ច្បាប់ចេញពីមាត់ហ៊ុន សែន
គឺមិនមែនជាច្បាប់មនុស្សធម៌​ យុត្តិធម៌ក្នុងសង្គម។
Hun Sen did not use the rules of
laws,but the rules of jungles.
The laws are coming out of his
stinky mouth.

Anonymous said...

there's no room in cambodia for racist and radical individual like scam rainsy, you know! definitely no more room for outdated thinker either, ok!