Siem Reap Times

Friday, Dec 27, 2024

Cambodia Urges Increased Vietnamese Investment in Key Sectors

Focus on Cross-Border Trade, Digital Economy, and Production Supply Chains
Cambodia has called on Vietnamese investors to expand their investments and establish partnerships with Cambodian companies, particularly in sectors linked to Vietnam’s supply chains. This appeal was made during the Cambodia-Vietnam Business and Investment Forum in Phnom Penh on December twenty-fifth.

Chea Vuthy, Secretary-General of the Cambodian Investment Board, highlighted agriculture, agro-industry, automobile assembly, electronics, and digital technology as priority sectors. He emphasized the growing importance of e-commerce in enhancing cross-border trade efficiency.

Trade between Cambodia and Vietnam reached seven billion ninety million United States Dollars from January to November this year, marking a twenty-point-six percent increase compared to twenty-twenty-three. Key Cambodian exports include rice, rubber, and cashew nuts, while Vietnam supplies construction materials, electronics, and agricultural tools.

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