Can Tho links with Cambodian province
April 1st, 2013, Viet Nam News, Agriculture & Agri-business, Business & Commercial Development, Farming, Foreign Investment, Industry, International Relations, Rice, Tourism
The Can Tho city and Cambodian province of Battambang have signed a memorandum of understanding on economic co-operation that covers commerce, investment, and tourism.
The two sides will create favourable conditions for businesses from the two localities to co-operate in areas like processing of farm produce, goods distribution, investing in processing plants for farm and aquaculture produce, animal husbandry, and tourism. …
Several Can Tho businesses are seeking opportunities to co-operate with their Battambang counterparts to purchase and process paddy and rice for export.
Located in the north-west of Cambodia nearly 300km from the capital Phnom Penh, Battambang has a population of over 1 million of whom 81 per cent are farmers. The province harvests 2 million tonnes of rice a year and has innumerable ponds and lakes suitable for aquaculture. …
Vietnam News Staff
http://vietnamnews.vn/economy/237556/can-tho-links-with-cambodian-province.html
Agricultural options eyed in Cambodia
December 17th, 2012, Viet Nam News, Agriculture & Agri-business, Agro-Industry, Business & Commercial Development, Foreign Investment, Industry, International Relations, Trade
Representatives from over 100 Cambodian and Vietnamese companies gathered in Phnom Penh to seek agricultural investment opportunities between the two countries. …
Participants listened to reports on trade and co-operation opportunities in agriculture, forestry, aquaculture and seafood, delivered by representatives from both governments.
They discussed Viet Nam’s production capacity, supply of machinery, equipment and materials in agro-forestry and aquaculture. …
Viet Nam-Cambodia bilateral trade has grown by an average of 32.5 per cent over the last ten years. While in 2011, the value of trade was US$2.8 billion, representing an increase of 55 per cent on the previous year. …
Vietnam News Staff
http://vietnamnews.vn/Agriculture/234150/agricultural-options-eyed-in-cambodia.html
ASEAN issues declaration to promote regional community
November 19th, 2012, Viet Nam News, Business & Commercial Development, Economics, Exports, Foreign Investment, Imports, International Relations, News Source, Trade
The 21st ASEAN Summit opened in Phnom Penh yesterday under the theme One Community, One Destiny, with meetings during the three-day event expected to tackle such issues as measures to build the ASEAN Community, regional peace and security, and strengthening co-operation between the bloc’s member states.
The event recognised ASEAN’s major achievements over the past 45 years, especially recent efforts in building a common community, said Cambodian Prime Minister Hun Sen in addressing the opening of the summit. …
Vietnam News
http://vietnamnews.vn/politics-laws/232930/asean-issues-declaration-to-promote-regional-community.html
Vietnam asks Laos to review impacts of hydropower dam
November 10th, 2012, Viet Nam News, Energy, Environment & Natural Resources, Hydroelectricity, International Relations, Lakes/Rivers, Water
Viet Nam has urged Laos to continue its research on the environmental impacts of the planned Xayaburi Dam on the Mekong River. …
Vietnamese Foreign Ministry spokesperson Luong Thanh Nghi made the statement at a regular press briefing in Ha Noi yesterday when answering a question about Viet Nam’s stance on the construction of Xayaburi dam in Laos.
Nghi added that he hoped Laos will work with Viet Nam, Cambodia and Thailand in conducting careful and comprehensive research on the cumulative impacts on the environment, economics and society of all hydro-power plants expected to be built on the Mekong River.
The Cambodia Herald via Viet Nam News
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWVjODM0Y2U1ZWE2Y2UyMGNhN2YyOGFkNTU1NDkx
Fair facilitates economic ties with Cambodia
September 22nd, 2012, Viet Nam News, International Relations, Trade
A trade fair to boost ties between Viet Nam and Cambodia opened in Cambodia’s capital Phnom Penh yesterday..
Themed ‘Friendship, Cooperation and Development’, the 2012 Viet Nam-Cambodia International Trade Fair is co-organised by the Ministry of Defence and the Ministry of Industry and Trade. The six-day event features more than 160 businesses..
Vietnam News Staff
http://vietnamnews.vnagency.com.vn/Economy/230445/fair-facilitates-economic-ties-with-cambodia.html
Special tax exemption on goods grown in Cambodia
August 30th, 2012, Viet Nam News, Agriculture & Agri-business, Business & Commercial Development, Exports, Imports, International Relations, Trade
The Government has agreed to grant tax exemption for farm goods grown in Cambodia by Vietnamese enterprises and individuals and imported for processing…
Statistics show that in southern Tay Ninh Province alone 120 individuals from the districts of Chau Thanh, Tan Bien, Trang Bang and Tan Chau have invested in 2,400ha in Cambodia. …
Vietnam News Staff
http://vietnamnews.vnagency.com.vn/Economy/229443/special-tax-exemption-on-goods-grown-in-cambodia.html
VN bank named in Cambodia top five
August 17th, 2012, Viet Nam News, Banking & Finance, Industry
The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Viet Nam (BIDV), has been named as one of the five biggest banks in Cambodia after three years of operation…
BIDC general director Nguyen Van Hien said that the bank’s total assets have reached US$480 million, while its outstanding debts amounted to $320 million…
VietnamNews Staff
http://vietnamnews.vnagency.com.vn/Economy/228887/vn-bank-named-in-cambodia-top-five.html
Viet Nam invests over VND110 billion in sugar planting in Cambodia
July 26th, 2012, Viet Nam News, Agriculture & Agri-business, Business & Commercial Development, Farming, Farmland, Foreign Investment
Sugar factories from Tay Ninh Province have spent over VND110 billion (US$5 million) to plant sugar cane in Cambodia’s Svay Rieng Province for the 2012-2013 crop, said the Tay Ninh People’s Committee. …
Vietnamese sugar producers have planted the crops in Cambodia as sugar cane in Viet Nam has faced stiff competition for farmland from other crops such as cassava and rubber. …
Cambodia ripe for more exports
July 2nd, 2012, Viet Nam News, Agriculture & Agri-business, Business & Commercial Development, Exports, Farming, Imports, International Relations
Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday.
Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had been familiar with fertilisers imported from Thailand and China. Therefore, the company faced difficulties in the initial step of penetrating the market.
Thanks to providing training courses for its sale agents as well as farmers, the company had gradually won consumers’ confidence in its products. …
VNS
http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html
Key Viet Nam-Cambodia border marker inaugurated
June 25th, 2012, Viet Nam News, Business & Commercial Development, Foreign Investment, International Relations
The Vietnamese and Cambodian Government leaders yesterday chaired a ceremony inaugurating marker 314, the last one in numerical order on the countries’ land border.
The marker is between My Duc commune, Ha Tien town, in the southern province of Kien Giang, and Russey Srok Khang Lech commune, Kampong Trach district, in the Cambodian province of Kampot.
This is the second time Prime Minister Nguyen Tan Dung and his Cambodian counterpart, Hun Sen, have attended the inauguration of land border markers. They showed the resolve and efforts by both governments in implementing treaties, agreements and deals on border and territorial work, helping the two sides complete all work on border demarcation and marker planting.
Dung stressed the event marked a joint success of the two nations in building a borderline of peace, friendship and cooperation for development. …
The third Viet Nam-Cambodia investment cooperation conference was also held in Kien Giang under the joint chairmanship of Prime Minister Dung and his Cambodian counterpart, Hun Sen.
Dung said the Vietnamese Government has taken measures to facilitate operations of businesses in Cambodia. Viet Nam wanted the Cambodian Government and ministries to create further conditions for Vietnamese firms investing and operating in Cambodia, he said. …
Viet Nam News
http://vietnamnews.vnagency.com.vn/politics-laws/226555/key-viet-nam-cambodia-border-marker-inaugurated.html
City to co-operate in all fields with Cambodia
June 23rd, 2012, Viet Nam News, Agriculture & Agri-business, Business & Commercial Development, Economics, Foreign Investment, International Relations, Trade
HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. …
The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 beds at a cost of $42.37 million, is expected to be operational in June next year. …
Viet Nam News
http://vietnamnews.vnagency.com.vn/social-issues/226525/city-to-co-operate-in-all-fields-with-cambodia.html
Vietnamese tourists top list in Cambodia
May 3rd, 2012, Viet Nam News, Industry, International Relations, Tourism
Vietnamese tourists ranked top among foreign visitors to Cambodia in the first three months this year.
According to data released by the Cambodian Tourism Ministry, 179,000 Vietnamese tourists visited Cambodia from January to March, accounting for 18 per cent of total foreign arrivals. …
Viet Nam News
http://vietnamnews.vnagency.com.vn/Life-Style/224191/vietnamese-tourists-top-list-in-cambodia.html
Cambodian forum focuses on ASEAN community
March 20th, 2012, Viet Nam News
PHNOM PENH: The 8th Cambodia-Asia Economic Forum kicked off here on Saturday, focusing on reviewing the ASEAN achievements in the past 45 years and looking at opportunities and challenges toward the realisation of an ASEAN community by 2015.
The two-day forum has been attending by some 300 economists, academics, researchers, and policy makers from Asian countries.
Speaking at the opening of the forum, Cambodian Deputy Prime Minister and Minister of Economy and Finance Keat Chhon said ASEAN has made tremendous progress in all areas of co-operation in the last 45 years, but challenges are still ahead toward the community. …
Interest-free loans to lure businesses
September 19th, 2011, Viet Nam News, Business & Commercial Development, Technical Assistance
HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia.
With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over a seven-year period.
Representatives of more than 100 companies in the HCM City Enterprises Association attended a conference held last Friday in HCM City to learn about the policy. Read more
http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html
HCM City hosts Lower Mekong Initiative Disaster Management workshop
September 13th, 2011, Viet Nam News, Disasters & Disaster Management, International Relations
HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City.
The five-day Lower Mekong Initiative (LMI) Disaster Management workshop, hosted by the Ministry of Agriculture and Rural Development with support from the Viet Nam Ministry of National Defence and the US Pacific Command provides a forum for dialogue and collaboration between the participating nations.
During the workshop, participants from the four Lower Mekong countries and the US will share practical knowledge and experience on issues such as flood management, disaster preparedness and response, food and water shortage, public health concerns, and pandemic control…
PM Dung Urges Expanded Co-operation With Cambodia
August 24th, 2011, Viet Nam News, Business & Commercial Development, Economics, Industry
Ha Noi–The Vietnamese Government would do its best to work with the Cambodian Government to raise bilateral ties to a more effective and fruitful level, said Prime Minister Nguyen Tan Dung in Ha Noi yesterday.
Dung told the Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Co-operation Hor Namhong there was huge potential for further co-operation between the two nations, particularly in the areas of trade, investment, tourism, education and training and cross-border links. Read more