The Vietnamese Embassy Asks Cambodia to Focus on Investment of Vietnamese Companies in Cambodia – Saturday, 1.8.2009

Posted on 1 August 2009
The Mirror, Vol. 13, No. 623
http://cambodiamirror.wordpress.com/

“Phnom Penh: The Vietnamese Ambassador to Cambodia, Mr. Ngô Anh Dũng [Ngo Anh Dung], had met with the Minister of the Council of Ministers, Deputy Prime Minister Sok An, to discuss existing cooperation in some important sectors with Vietnamese investments in Cambodia.

“An official of the Council of Ministers told reporters that after the meeting on 29 July 2009 at the Council of Ministers, Mr. Ngô Anh Dũng stated his intention to continue the existing work of the former ambassador, and he pointed to some important points that the Vietnamese government has requested to keep under attention, which are related to major investment sectors in Cambodia such as mines and energy where there is investment by Vietnamese companies. Therefore, the ambassador asked for cooperation and instructions from the Cambodian government. Regarding the oil sector, the ambassador said that both countries have large resources of oil and gas, because Vietnam has a lot of experience in these fields, as it has cooperated with Cuba, some countries in Africa, and Russia. As for agriculture and rubber plantations, the Royal Government of Cambodia had provided already 100,000 hectares as concession land. Also, the Viettel company is a licensed investor in telecommunications [brand name Metfone – 500,000 mobile phone users]. There is cooperation in culture, and in expanding tourism [after 5 years with tourists from South Korea topping the list, in 2009 there are more Vietnamese tourists than Korean] by combining tourism of Cambodia, Laos, and Vietnam, since these three countries are similarly rich in cultural and artistic potential. Vietnam has already assisted in human resources development for Cambodia, so this is like what has already also been done before.

“In response, Deputy Prime Minister Sok An agreed that Vietnam is a country with much experience in development. Thus, Cambodia will try to ensure good and timely cooperation.”

Note:

This meeting followed several days of high level talks on Cambodian-Vietnamese cooperation, about which the Ministry of Foreign Affairs of Vietnam reported

Vietnam, Cambodia talk further cooperation

“Vietnamese and Cambodian leaders have met in Phnom Penh to discuss measures to boost the bilateral economic relations.

“During his three-day working visit to Cambodia , beginning on July 25, Vietnamese Deputy Prime Minister Trương Vĩnh Trọng [Truong Vinh Trong] held talks with Cambodian Prime Minister Hun Sen and Vice Chairman of the Cambodian National Assembly Heng Samrin on July 26.

“The Cambodian leaders highlighted the visit by Deputy Prime Minister Trương Vĩnh Trọng, saying that the two countries’ solidarity and friendship have been further reinforced and developed.

“Deputy Prime Minister Trương Vĩnh Trọng and his entourage also paid a courtesy visit to Buddhist Supreme Patriarch Tep Vong at the Ounalom Pagoda, and presented hospital beds, medical equipment and computers to the Cambodian Buddhist Center’s infirmary.
The same day, the Vietnamese Deputy Prime Minister Trương Vĩnh Trọng and the Cambodian Prime Minister Hun Sen attended a ceremony to inaugurate the Cambodian national airline – Cambodia Angkor Air, a joint venture between Vietnam Airlines and the Cambodian Aviation Administration.

“They also witness the awarding of the Cambodian Government’s license to the Bank for Investment and Development of Vietnam (BIDV) to open a representative office in Cambodia, and to set up an insurance company, and an investment development company in Phnom Penh.”

Rasmei Kampuchea, Vol.17, #4961, 1.8.2009
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Saturday, 1 August 2009