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Vietnamese community and businesses in Cambodia celebrate Tet 2020


According to the Vietnam News Agency correspondent in Phnom Penh, on the evening of January 17, in the capital, Phnom Penh, the Vietnamese Embassy in Cambodia in collaboration with the Vietnam Business Club in Cambodia (VBCC) organized a program to welcome the traditional Tet holiday 2020. with Vietnamese community and businesses in Cambodia.

Cambodian Prime Minister Samdech Techo Hun Sen speaks at the Program. Photo: Nguyen Vu Hung / PvA VN in Cambodia

Attending this program, the first time was attended by Cambodian Prime Minister Hun Sen, Standing Deputy Prime Minister Men Sam An along with about 600 guests, including leaders of several Cambodian Government agencies, represented border provinces and some localities of Vietnam and Cambodia, large community of Vietnamese and Vietnamese businesses in Cambodia.

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Vietnamese Ambassador to Cambodia Vu Quang Minh gave a welcome speech to the guests. Photo: Nguyen Vu Hung / PvA VN in Cambodia

Vietnamese Ambassador to Cambodia Vu Quang Minh emphasized that in 2019, the traditional cooperative and friendly relationship between Vietnam and Cambodia has made strong developments in all fields of economy, national defense and security. , cultural-education and people-to-people exchanges. In particular, the spectacular development of bilateral economic and trade relations is the brightest point in the past year.

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Cambodian Prime Minister Samdech Techo Hun Sen at the Program. Photo: Nguyen Vu Hung / PvA VN in Cambodia

According to information from VBCC, Vietnam-Cambodia trade turnover in 2019 reached US $ 5.26 billion, up 11.9% compared to 2018, exceeding the target and reaching the target of US $ 5 billion. Investment activities of Vietnam focus on the fields of agriculture, banking, telecommunications-information technology, industrial production, processing-manufacturing … Investment activities of Vietnamese enterprises in Cambodia is not only financially successful for its businesses, but also has made a practical contribution to your country’s economic development and social security.

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Students at Tan Tien Primary School, Phnom Penh perform the welcome performance. Photo: Nguyen Vu Hung / PvA VN in Cambodia

Speaking at the event, Prime Minister Hun Sen congratulated Vietnam’s economic development achievements, especially the signing of Free Trade and Investment Protection Agreements between Vietnam and the European Union. Prime Minister Hun Sen said that the signing of the above agreements will not only bring direct economic benefits to Vietnam but also bring about results to neighboring countries in the region, including Cambodia through channels. trade, investment and tourism.

After the handover of Cho Da Project in the border province of Tboung Khmum adjacent to Tay Ninh province (Vietnam) worth nearly 2 million USD from the non-refundable aid capital of the Vietnamese Government to the Cambodian Government, Prime Minister General Hun Sen affirmed that he would continue to promote the development of special economic zone along the Vietnam-Cambodia border, supplementing existing special economic zones in the city of Bavet (Cambodia) as well as promoting the border of the people. two countries.

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Program View. Photo: Nguyen Vu Hung / PvA VN in Cambodia

Prime Minister Hun Sen emphasized that the great achievements that Cambodia has gained in recent years cannot be separated from the active participation of Vietnamese investors.

After the Vietnam-Cambodia Investment Forum in October 2019, Prime Minister Hun Sen proposed establishing a dialogue mechanism between Cambodian state agencies and Vietnamese business representatives, in which the General Secretary Signing the Cambodian Development Council (CDC) and the Vietnamese Ambassador will co-chair discussions and efforts to resolve issues that these projects may encounter during the actual implementation.

According to CDC data in the field of investment, in the period 1994 – 2019, Cambodia licensed 85 investment projects of Vietnamese companies with a total investment of 2.5 billion USD. In addition to the projects registered at CDC, there are many investment projects in other areas such as banking, insurance, services, wholesale and retail …

Regarding the tourism sector, among foreign tourists visiting Cambodia, Vietnamese tourists ranked second. Particularly in the first 10 months of 2019, there were 720,000 Vietnamese tourists coming to Cambodia, up 16% compared to the same period in 2018.


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