Business

Conference discusses support for Vietnamese businesses in Cambodia in removing difficulties

The Vietnamese Embassy in Cambodia on February 14 organised a meeting with Vietnamese businesses operating in Cambodia to discuss measures to help the businesses tackle obstacles to their investment and business.
Conference discusses support for Vietnamese businesses in Cambodia in removing difficulties ảnh 1Vietnamese Ambassador to Cambodia Nguyen Huy Tang speaks at the meeting with Vietnamese businesses operating in Cambodia. (Photo: vov.vn)

Phnom Penh (VNA) – The Vietnamese Embassy in Cambodia on February 14 organised ameeting with Vietnamese businesses operating in Cambodia to discuss measures to help the businesses tackle obstacles to their investment and business.

Speaking at themeeting, Vietnamese Ambassador to Cambodia Nguyen Huy Tang said that althoughthe year 2022 saw challenges, Vietnamese businesses continued to “stand firm”and overcame challenges, making an important contribution to promoting economicrelations between Vietnam and Cambodia.

The Ambassadorexpressed his belief thatin 2023, with the COVID-19 pandemic under control, Cambodia will continue toreopen strongly and focus on restoring and developing the country, which pavethe way for Vietnamese investors in the country to gain successes in theirbusiness and investment.

At theconference, units under the Embassy and the Vietnam Business Club in Cambodia(VBCC) provided the latest information on Cambodia’s economic development, its investment attraction policies, Vietnam-Cambodia cooperation aswell as Cambodia’s latest policies in taxes, labour code, investment policies forVietnamese businesses.

Representatives of Vietnamese businesses raised problems they face wheninvesting and doing business in Cambodia, calling on competent authorities of the two countries to help themto solve the problems.

Ambassador Tang affirmedthat the embassy will collect the recommendations and proposals of businessesand submit them to the 20th Vietnam-Cambodia Joint Committee Meeting and the 12thConference on Cooperation and Development of Border Provinces between the twocountries in 2023 for consideration and settlement.  

In 2022, Vietnam-Cambodia bilateral trade turnover increased by nearly 11% to 10.58 billion USD.

Regardinginvestment, in 2022, Vietnam had 12 new investment projects in Cambodia with atotal registered capital of 7 million USD, while 23 million USD was added to existing projects. 

As of the end of2022, Vietnam had 205 valid investment projects in Cambodia with a total registered capital of 2.94 billion USD, making the country the fifth largest foreign investor and the largest ASEAN investor inCambodia./.    

VNA
#Vietnam Plus #Vietnam News Agency #Cambodia #business #ASEAN Cambodia
Follow VietnamPlus

Related News

Cambodia beefs up security for SEA Games 32

Cambodia beefs up security for SEA Games 32

Cambodia must step up its security game to minimise risks to national and international leaders and sports delegates to the 32nd Southeast Asian (SEA) Games and 12th ASEAN Para Games, which are scheduled to take place in May in Cambodia, Minister of Interior Sar Kheng said.
Laos, Cambodia foster bilateral cooperation

Laos, Cambodia foster bilateral cooperation

Lao Prime Minister Sonexay Siphandone and his Cambodian counterpart Samdech Techo Hun Sen, who is on an official visit to Laos, on February 13 agreed to work together to further enhance bilateral ties for the benefit of the two countries and their people.

See more

Delegates at the seminar in Bangkok on June 17. (Photo: VNA)

Thanh Hoa seeks stronger cooperation with Thai businesses

Mai Xuan Liem, Permanent Vice Chairman of the Thanh Hoa People’s Committee, said Thailand is one of the province’s important export markets, with export turnover reaching more than 12 million USD in the first five months of 2026.

Delegates press the button to officially launch the Doan Hung Industrial Park – AMATA City Phu Tho project at the conference. (Photo: VNA)

Vietnam, Thailand strengthen investment ties, smart city cooperation

Thailand is currently Vietnam's largest trading partner within ASEAN, while Vietnam ranks as Thailand's sixth-largest trading partner globally. Bilateral trade reached 22.07 billion USD in 2025, with both sides aiming to increase the figure to 25 billion USD in the coming years. Thailand also has 805 valid investment projects in Vietnam with a combined registered capital of 15.4 billion USD.

Deputy Prime Minister Nguyen Van Thang speaks at the meeting with ministries and sectors in Hanoi on June 17 to review public investment disbursement and address bottlenecks affecting ODA projects. (Photo: VNA)

Deputy PM requests faster disbursement of ODA-funded projects

As of June 15, the disbursement rate for public investment funded by external sources had reached only 9.99% of the assigned plan. Although the figure was higher than in the same period last year, it remained well below the national average. Notably, one out of eight ministries and central agencies and 13 localities had yet to disburse any allocated capital.

Sorting green-skinned pomelos for export at the processing facility of Vina T&T Group in Vinh Long province. (Photo: VNA)

Vietnamese fruits strengthen foothold in China

The expansion of fruit trade has been supported by the implementation of the Regional Comprehensive Economic Partnership (RCEP) and ongoing efforts to upgrade the China – ASEAN Free Trade Area.

Production line for camera modules and electronic components at the factory of the Korean-invested MCNEX VINA Co., Ltd, located in Phuc Son Industrial Park, Ninh Binh province. (Photo: VNA)

High-tech FDI attraction set as strategic priority: official

The resolution sets out a number of specific targets for foreign investment attraction during the 2026–2030 period. Annual registered FDI is targeted at between 40 billion USD and 50 billion USD, while realised capital is expected to reach approximately 30–40 billion USD per year.

Production of electronic components at DBG Technology Vietnam Co., Ltd. in Yen Binh Industrial Park, Thai Nguyen province. (Photo: VNA)

Vietnam’s trade surplus with EU expands amid economic headwinds

Trade between Vietnam and the EU maintained momentum during the January–May period, supported by the EU – Vietnam Free Trade Agreement (EVFTA) and sustained demand for key Vietnamese exports, even as the EU grappled with inflationary pressures and sluggish consumer spending.

Containers are unloaded at Nghi Son International Port in Nghi Son ward, Thanh Hoa province. (Photo: VNA)

Vietnam eyes to shape national maritime industrial ecosystem

These advantages provide a strong foundation for the development of the marine economy and logistics services. As a result, the marine economy has been identified as a national strategic priority, with the coordinated development of maritime transport, seaports and shipbuilding serving as a key pillar in shaping a sustainable national maritime industrial ecosystem.

The road to the VSIP Can Tho Industrial Park connecting with National Highway 80 is under construction. (Photo; VNA)

Vietnam draws harder line on FDI quality under new resolution

The Ministry of Finance’s Foreign Investment Agency reported that total registered FDI neared 25 billion USD in the first five months of this year, a jump of almost 35% from a year earlier, with new project registrations driving the bulk of the expansion.