Vietnam boosts investment in Cambodia

(VOVworld) - The Association of Vietnamese Investors in Cambodia (AVIC) targets 4.2 billion USD in Vietnam’s foreign direct investment in Cambodia and 5 billion USD in two-way trade by 2015. It hopes to increase the annual number of Vietnamese tourists to Cambodia by 30% to 1.6 million next year.

The goals were set at a meeting held in Phnom Penh on Wednesday to discuss AVIC operation in the 2014-2015 period. Its activities will enhance the performance and investment of Vietnamese enterprises operating in Cambodia.

Vietnam boosts investment in Cambodia - ảnh 1
AVIC hopes more Vietnamese tourists will visit Cambodia.
(Photo: baocongthuong.com.vn)

AVIC will focus its investment in Cambodia in agriculture, energy, and aviation. Products of Vietnam’s strength will be promoted such as fertilizer, oil, gas, and energy.

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