Vietnam - Cambodia trade and investment promotion conference held

ABO/NDO – Prime Minister Nguyen Xuan Phuc and his visiting Cambodian counterpart Samdech Techo Hun Sen co-chaired the Vietnam - Cambodia trade and investment promotion conference 2019 in Hanoi on October 4.

PM Nguyen Xuan Phuc and his visiting Cambodian counterpart Samdech Techo Hun Sen witness the signing of a memorandum of understanding on cooperation between the Vietnamese Ministry of Planning and Investment and the Council for Development of Cambodia. (Photo: Tran Hai/NDO)

About 500 delegates from ministries, agencies and the two countries’ business communities attended the event.

Addressing the conference, PM Phuc welcomed Cambodian investors to Vietnam and asked Vietnamese firms to invest responsibly and sustainably in Cambodia.

PM Hun Sen, for his part, called on Vietnamese firms to continue investing in Cambodia in fields of its demand such as agriculture, tourism, transportation, logistics, construction, education and technical training.

He said the Cambodian government is striving to improve business environment via dialogue mechanism between the government and enterprises, cut business costs and devise new draft law on investment and exclusive economic zones.

On the occasion, the two leaders signed three memoranda of understanding on trade infrastructure connectivity along border areas, construction and transfer of a model market to Cambodia, and raising two-way trade.

A memorandum of understanding on cooperation between the Vietnamese Ministry of Planning and Investment and the Council for Development of Cambodia was also signed.

(Source: NDO)