Vietnam - Cambodia Economic Forum in Phnom Penh

Forum held in the big hall of Vietnam Embassy.
Nhan Dan Online, On July 15, Vietnam - Cambodia Economic Forum, run by Vietnam Embassy and coordinated with Association Vietnamese Investment in Cambodia (AVIC), was held in Phnom Penh with estimated participation of hundreds of business representatives of the two countries.
Reporters from Vietnam News Agency in Phnom Penh reported that leaders of Ho Chi Minh city and business representatives and some southern provinces, the overseas Vietnamese enterprises, Staff Embassy of Vietnam in Cambodia and a total of nearly 400 people attended the forum.
Forum opening remarks, Ambassador Thach Du stressed that the traditional friendship ties, geographic proximity, the attention of the Government created conditions for the two countries as one of the basis to boost economic cooperation, trade and investment, which have significantly grown in recent years. However, the potential for cooperation between these two countries still remain large.
Ambassador Thach Du said, in the field of investments, as of April 2015, Vietnam enterprises have invested in Cambodia with 171 projects with total registered capital of 3.2 billion, the amount and corresponding turnover of foreign investment projects in Vietnam, accounting for 18% and 22%. Currently, Vietnam is among the list of top five investing countries in Cambodia.
 On the trade front, Vietnam is the third largest trading partner in Cambodia, at the end of 2014, total trade turnover reached $ 3.3 billion, the two countries have tried their best to achieve the goal of 5 billion dollars in the future.
 Thach Ambassador said that remarkable results have been acquired, but promote economic cooperation between Cambodia and Vietnam still huge space of potential, so the main goal of the Forum Cambodia's economy in 2015 is a preliminary assessment of the investment and business in Vietnam in Cambodia, providing investment information and experience business fields in priority to create an attractive business environment and compete.
 Also at the meeting participants listened to reports of the speakers, including the "Achievements of Vietnam enterprises in five years, the favorable and unfavorable factors and some recommendations," "Connecting Vietnam-Cambodia economics, interoperability and visibility with the economic situation of the region "," The current tax policy of Cambodia "," The permit for foreign nationals working in Cambodia " "Procedures for registration of certificates of lands uses in Cambodia" etc ... (TTXVNA)