Vietnamese firms flock to participate in HCMC Expo 2010 in Cambodia

via Khmer NZ News Media

Monday ,Jun 28,2010

More than 350 Vietnamese companies have registered to join the Vietnam – Cambodia Trade, Service and Tourism Fair 2010 (Ho Chi Minh City Expo), to be held in Cambodia from July 15-19, said the HCM City Department of Culture, Sports and Tourism.

Most Vietnamese companies registered in fields such as import – export, tourism, education, health-care, electronics, construction materials and textile and garment.

The expo marks a developmental step for Vietnamese companies seeking to penetrate Cambodian markets, as the event highlights the commercial potential between two countries, said the department.

The fair is not only a chance to display Vietnamese products, but it also promotes trade and cultural activities, as well as hosts seminars on the business connections between the two nations.

The highlight of the event will be a caravan tour, which will depart from HCM City, cross the Moc Bai Border Gate and travel through several Cambodian provinces on the way to Phnom Penh.

The four-day caravan tour will publicize the exhibition and promote tourism to Vietnam, said the department.

The fair is organized by HCM City’s Investment and Trade Promotion Center.

In the first three months of this year, bilateral trade between the two countries reached nearly US$500 million, up 130% compared with the same period last year. The two-way trade is expected to hit US$2 billion this year, a 43% increase year-on-year.

By L.Nam, translated by Cong Dung