The delegation of Vietnamese and Cambodian parliamentarians visit a factory of THACO Group in Quang Nam province on December 24. (Photo: VNA)Theworking visit was part of an experience sharing programme between the twoparliaments.
Foundedin 1997, THACO has developed from an automobile trading and repair company intoan industrial conglomerate operating in six industries, namely automobile,agriculture, mechanics and supporting industry, investment and construction,trade and services, and logistics.
InCambodia, it has purchased some companies to form agricultural complexes with aview to converting poor-performing agricultural projects into large-scale, mechanised,circular, and organic ones. As of 2022, it has invested 717 million USD in15,000ha of fruit farming.
Talkingto the Vietnamese and Cambodian officials, THACO leaders said the business has joinedhands with localities of Cambodia in fighting COVID-19 and providing assistancefor Vietnamese people in the country. Besides, it has also helped build roadsand technical infrastructure, ensure social security, and develop education inthe localities accommodating its projects.
ViceChairman of the Vietnamese NA Nguyen Duc Hai highly valued THACO’s investmentin Cambodia over the last five years and attributed its achievements partly tothe support from Cambodian authorities and people, especially in the provinceshousing its projects.
Hecalled on Cambodia to continue support for Vietnamese enterprises operating inthe country and increase investment chances for other firms. He also askedTHACO to boost investment and business activities there, not only inagriculture but also other fields it is strong at such as mechanics,manufacturing, and logistics.
Haiaffirmed that effective activities by businesses, including THACO, have helpedpromote bilateral economic, trade, and investment partnerships, thuscontributing to the good neighbourliness, traditional friendship, comprehensivecooperation, and long-term sustainability between the two countries.
MenSam An, Cambodian Deputy Prime Minister, Minister of the NA - Senate Relationsand Inspection, and Chairwoman of the Cambodia - Vietnam Friendship Parliamentarians' Group, applauded THACO’s investment projects in her country whichhave helped develop modern and large-scale agriculture as well asinfrastructure in Cambodia.
Shestated that Cambodia always welcomes and creates favourable conditions forVietnamese firms, including THACO, to operate and expand investment to morefields so as to help strengthen the countries’ all-round cooperation./.
ViceChairman of the Vietnamese NA Nguyen Duc Hai highly valued THACO’s investmentin Cambodia over the last five years and attributed its achievements partly tothe support from Cambodian authorities and people, especially in the provinceshousing its projects.
Hecalled on Cambodia to continue support for Vietnamese enterprises operating inthe country and increase investment chances for other firms. He also askedTHACO to boost investment and business activities there, not only inagriculture but also other fields it is strong at such as mechanics,manufacturing, and logistics.
Haiaffirmed that effective activities by businesses, including THACO, have helpedpromote bilateral economic, trade, and investment partnerships, thuscontributing to the good neighbourliness, traditional friendship, comprehensivecooperation, and long-term sustainability between the two countries.
MenSam An, Cambodian Deputy Prime Minister, Minister of the NA - Senate Relationsand Inspection, and Chairwoman of the Cambodia - Vietnam Friendship Parliamentarians' Group, applauded THACO’s investment projects in her country whichhave helped develop modern and large-scale agriculture as well asinfrastructure in Cambodia.
Shestated that Cambodia always welcomes and creates favourable conditions forVietnamese firms, including THACO, to operate and expand investment to morefields so as to help strengthen the countries’ all-round cooperation./.
VNA
