27/12/2009
Source: ABC Radio
Vietnamese and Cambodian businesses have signed investment agreements and contracts worth $US6 billion.
The deals were signed at a conference held in Ho Chih Minh City on Saturday to promote Vietnamese investment in Cambodia
The event was co-chaired by Vietnamese Prime Minister Nguyen Tan Dung and his Cambodian counterpart Hun Sen.
More than 60 documents for bilateral cooperation in almost all areas, including power generation, food processing, fertilizer production, rubber plantation and health care, were signed.
Two-way trade has increased significantly in recent years, reaching $1.7 billion in 2008, up 40 per cent against 2007.
With over 60 projects with a total capitalisation of nearly $900 million, Vietnam is among the top three foreign investors in Cambodia.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment