Addressing the event, Vietnamese Ambassador to CambodiaNguyen Huy Tang said the embassy wanted to learn about difficulties that thebusinesses are facing and listen to their proposals, thus advising authorisedagencies in Cambodia and at home to seek measures.
Highlighting the development of the Vietnam-Cambodia relations in2023 and forecasting the situation in 2024, First Secretary of the VietnameseEmbassy in Cambodia Tuan Nguyen Tien said that continuing the growth trend of2023, the Cambodian economy is forecast to expand in a fast and sustainablemanner, becoming a bright spot in ASEAN.
To fulfil the target of drawing more than 6 billion USD inforeign direct investment in 2024, Cambodia is likely to continue to call onforeign firms to invest in prioritised areas such as agricultural product processing,high technology, industrial production, clean energy, tourism andinfrastructure construction, he said.
At the event, leaders of the businesses proposed a number of measures tosupport investment activities in the country. They showed their hope to form anetwork of Vietnamese firms in the neighbouring country to enhance mutualsupport.
Ambassador Nguyen Huy Tang hailed the efforts of Vietnamese businesses overthe years, and expressed his hope that in 2024, they will enjoy more successes inCambodia, a promising market for foreign investors in general and those fromVietnam in particular.
The diplomat asked the Vietnamese Business Club in Cambodia (VBCC) to promptlyfinalise procedures to establish a Vietnam-Cambodia Business Association (VCBA)to serve as a connecting point and a support venue for Vietnamese firms in thecountry.
He also reminded Vietnamese enterprises to speed up digitaltransformation and strengthen their linkages for common development.
VBCC Interim President Oknha Leng Rithy introduced operationplans of the club in 2024 as well as the procedures to establish the VCBA togive better support to business and investment activities of Vietnamese firmsin Cambodia./.