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Mekong Forum connects Vietnamese and Cambodian enterprises

Mekong Forum connects Vietnamese and Cambodian enterprises

The events were part of a series of activities to mark 50 years since the establishment of Vietnam and Cambodia’s diplomatic ties.

In their speeches, representatives from the two governments spoke highly of Vietnamese businesses’ contributions during the investment and business process in Cambodia and highlighted Cambodia’s new policies aimed at attracting and creating favourable conditions for foreign investors, particularly those from Vietnam.

The Vietnamese representative gave a briefing on Vietnam’s policies to boost bilateral economic cooperation, affirming that the Vietnamese government always supports and encourages Vietnamese enterprises to increase their investment and business production in Cambodia.

At the end of the forum, representatives from the organising committee and the two governments presented the awards, featuring three themes of strong enterprises, famous brands and qualified leaders in Southeast Asia, to the Vietnamese companies who have been running effective business and making active contributions to Cambodia’s economic development, as well as to strengthening the long-standing friendly relations between Vietnam and Cambodia.

The programmes worked to popularise the Vietnamese Party and State’s line and policies on Vietnam’s renewal and international integration; to enhance the Vietnam and Cambodia’s friendly relations; to provide an ideal opportunity for the two countries’ enterprises to share experience and develop their economic ties in the ASEAN Economic Community; and to recognise, honour and replicate exemplary Vietnamese businesses in Cambodia.

As of May 2016, Vietnam was operating 183 projects with a total registered capital of US$2.85 billion, ranking among the top five countries with the largest investments in Cambodia. Cambodia also ranked second among over 60 countries and territories attracting investment from Vietnamese firms.