Vietnam leads Cambodian investment in 2011
Vietnam led other ASEAN nations investing in Cambodia in 2011, with 631
million USD out of the total of 880 million USD from the bloc.
Vietnam led other ASEAN nations investing in Cambodia in 2011, with 631
million USD out of the total of 880 million USD from the bloc.
Malaysia came second with 235 million USD and Singapore third with 14 million USD, the Cambodian Development Council (CDC) said on Feb. 9.
CDC said Vietnam has 17 projects focusing on rubber plantations and processing and mining, while Malaysia invests in property, garment and textiles and rice milling, and Singapore focuses on developing five-star hotels.
Over the past 17 years, Malaysia, Vietnam, Thailand and Singapore have been key investors in Cambodia./.
Malaysia came second with 235 million USD and Singapore third with 14 million USD, the Cambodian Development Council (CDC) said on Feb. 9.
CDC said Vietnam has 17 projects focusing on rubber plantations and processing and mining, while Malaysia invests in property, garment and textiles and rice milling, and Singapore focuses on developing five-star hotels.
Over the past 17 years, Malaysia, Vietnam, Thailand and Singapore have been key investors in Cambodia./.
You should also see
InfographicQuang An listed among the coolest streets in the world
Quang An Street in Tay Ho district, Hanoi, has been listed among the 30 coolest streets in the world by the British travel magazine Time Out.
See more
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
