The SME Bank of Thailand recently held a seminar offering tips to investors seeking to set up businesses in Cambodia, Laos, Myanmar and Vietnam (Photo: nwnt.prd.go.th)

Bangkok (VNA/NNT) - The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has held a seminar offering tips to investors seeking to set up businesses in Cambodia, Laos, Myanmar and Vietnam. 

The seminar brought together trade experts familiar with the group of countries, known as CLMV, to give Thai investors an insight into different aspects of these Southeast Asian economies. 

SME Bank provides both knowledge and fund to small and medium enterprises planning to make inroads into the markets of nearby countries, particularly Cambodia and Vietnam. The two countries are in the international spotlight thanks to their fast-growing economies. 

Experts commented that Phnom Penh is an attractive market for manufacturers of consumption products as daily wages are still lower than other countries. 

Thai investments in Cambodia rank fourth after China, Malaysia and Singapore.-VNA