Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Neighbourly chat: Vietnamese eye chances in Cambodia

Neighbourly chat: Vietnamese eye chances in Cambodia

More than 20 Vietnamese companies are studying investment law and business opportunities in the Kingdom with an eye on the country’s agriculture and industrial sectors.

The companies - most of which were based in Ho Chi Minh - were focusing on intellectual property rights, as well as potential investment in the Special Economic Zones along the Cambodia-Vietnam border, Nguon Meng Tech, general director of the Cambodian Chamber of Commerce, said.

Both countries were pushing for a higher degree of economic and commercial relations, Lai Xuan Chien, a representative at Vietnamese embassy in Cambodia, said. Vietnamese investment in agriculture, hydro power, oil, tourism, education and health were on the horizon if the two countries could forge a better understanding of each other’s laws, he said.

Although the arrival of the Vietnamese companies demonstrated the high level of investment opportunity in the Kingdom, it also highlighted the number of loop-holes in Cambodian law, as well as its relative fragility, experts said.

0

Comments

Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".