Saturday, 20 September 2008

High-quality Vietnamese goods fair opens in Cambodia

September 20, 2008

Nhan Dan/VNA - A high-quality Vietnamese goods fair opened in Phnom Penh, Cambodia on September 18.

The five-day event attracts the participation of more than 150 businesses to showcase their export and high quality Vietnamese goods in 300 booths.

Products on show include farm and pharmaceutical products, foodstuff, construction materials, chemicals, electrical equipment and stationery, all manufactured in Vietnam.

Speaking at the opening of the “High-quality Vietnamese goods 2008” Fair, Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Co-operation, Hor Namhong said that the organisation of the annual Vietnamese trade fair in Cambodia aims to further accelerate the development of a mutually beneficial relationship between Cambodia and Vietnam in a range of different domains.

During the first eight months of 2008, the overall trade revenue between Vietnam and Cambodia was approximately US$1.2 billion, compared with US$1.1 billion in 2007. It is expected to reach US$2 billion before 2010, according to Deputy PM Hor Namhong.

The Cambodian Deputy PM took the opportunity to call upon Vietnamese investors to boost their investment activities in Cambodia in order to turn Cambodia into a bridge to export Vietnamese goods to other regional countries and the world.

Vietnamese Deputy Minister of Industry and Trade Nguyen Cam Tu said that trade activities between Vietnam and Cambodia have become more and more prosperous as the two countries share more than 1,000 kilometres of borderline and have seven border-gate economic zones and 43 border-gates and 23 border markets. The two countries’ regular trade, investment and tourism activities have laid a foundation for the solid development of bilateral socio-economic co-operation.

During the fair, business representatives from the two countries’ will attend a trade exchange programme held in Phnom Penh and Batambang province.

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