Vietnam Business Club in Cambodia makes debut

Sunday, 02/09/2018 17:53
The Vietnam Business Club in Cambodia recently organized a ceremony to make its debut in Phnom Penh, Cambodia.
Vietnam Business Club makes its debut (Photo: VNA)

Speaking at the ceremony, Mr. Nguyen Thanh Dung, Director of Vietnam Bank for Agriculture and Rural Development (Agribank) in Cambodia, and Head of the Vietnam Business Club in Cambodia, affirmed that the club would mobilize the maximum resources, promote the strength of its members; create information environment, share experiences, connect, support and help each other and interact with the embassy in production and business role of the activities of businesses investing in Cambodia.

Appreciating the Vietnamese business community in Cambodia, Ambassador Vu Quang Minh said that the establishment of the club is a result of the tireless effort the members of the preparatory board, the organizers and representatives of businesses, in order to improve the range of Vietnamese enterprises in Cambodia.

He hoped that with this cooperation mechanism, the Vietnamese business community in Cambodia will further develop and succeed in the near future, significantly contributing to the cause of development of Cambodia, as well as strengthen the traditional solidarity and cooperation between the two countries.

The Executive Board of the club consists of an Honorary President, an Executive Chairman, three Vice Presidents, three subcommittees, and an advisory board.

More than 200 Vietnamese businesses are investing in Cambodia with registered capital of more than USD3 billion, mainly in the fields of agriculture, telecommunications, finance, banking, aviation, logistics, health and education.

In the process of operation, in addition to the advantages, Vietnamese enterprises are facing many difficulties and challenges in terms of capital, tax, legal procedures as well as information on business, production and consumption of products.

The establishment of the Vietnam Business Club in Cambodia under the auspices of the Vietnamese Embassy will effectively support Vietnamese businesses, making positive contributions to the development and cooperation between Vietnam and Cambodia./.

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