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Further Kingdom-VN ties as trade ups $5B

Publication date 15 December 2019 | 23:45 | ICT

Cambodia and Vietnam have agreed to further promote and encourage cooperation with each other, with bilateral trade between the two countries now worth more than $5 billion.



  • Bangkok Bank to acquire Bank Permata from Astra, Standard Chartered for $2.67B

    Publication date 15 December 2019 | 22:45 | ICT

    Thailand-based Bangkok Bank announced on Thursday that it had agreed to buy 89.1 per cent of Indonesian listed Bank Permata for around $2.67 billion as part of its overseas expansion.

  • China suspends planned tariffs on US products

    Publication date 15 December 2019 | 22:45 | ICT

    Beijing suspended additional tariffs on US products that had been due to kick in on Sunday, after Washington and Beijing announced a major thaw in their trade war on Friday.

  • Germany’s Telefonica picks Huawei for 5G network edge

    Publication date 15 December 2019 | 22:44 | ICT

    Huawei Technologies Co has secured an important vote of trust, with one of Germany’s biggest telecom companies selecting the Chinese company as a key telecom equipment supplier for its 5G network.

  • Prime minister says Cambodia remains attractive place for business, investment

    Publication date 15 December 2019 | 22:42 | ICT

    Prime Minister Hun Sen on Sunday said that with social and political stability as well as strong economic growth over the past two decades, Cambodia remains an attractive place for business and investment.

  • Chinese companies plan to invest in brick, tile and ceramic materials

    Publication date 15 December 2019 | 22:41 | ICT

    China Brick and Tile Industry Association president Xu Yanming said some brick, tile and ceramic tile companies in China plan to invest in Cambodia to tap the currently booming construction and real-estate sectors.

  • CSX Growth Board set to list SMEs next year

    Publication date 15 December 2019 | 22:41 | ICT

    Security Exchange Commission of Cambodia (SECC) director-general Sou Socheat said there will be two or three small- and medium-size enterprises (SME) listed on the Cambodia Securities Exchange (CSX)’s Growth Board as early as next y

  • Vietnam’s fruit and vegetable export value falls in 11 months

    Publication date 15 December 2019 | 22:38 | ICT

    Vietnam’s fruit and vegetable exports dropped 0.6 per cent year-on-year to $3.5 billion in the first 11 months this year, data from the Ministry of Agriculture and Rural Development (MARD) shows.

  • California governor slaps down troubled utility PG&E bankruptcy plan

    Publication date 15 December 2019 | 22:38 | ICT

    California’s governor has rejected a plan by the US state’s largest utility to emerge from bankruptcy, which included a $13.5 billion payout for victims of a series of wildfires blamed on the company’s faulty equipment.

  • ‘Contract farming will boost mango processing capacity’

    Publication date 15 December 2019 | 22:37 | ICT

    The Ministry of Commerce urged China-owned Long Wo Fruit Industry Co Ltd to carry out contract farming with more farmers’ associations or farmers directly to ensure its processing capacity and supply chain can increase exports of a

  • China approves implementation of Foreign Investment Law draft

    Publication date 15 December 2019 | 22:36 | ICT

    China has approved a draft implementation regulation of the Foreign Investment Law in a bid to foster a more inviting environment for foreign investors and better address their concerns through the building of a sound legal framewor