The Vietnam Business Club in Cambodia was launched in Phnom Penh, on August 28.
The event was attended by Vietnamese Ambassador to Cambodia Vu Quang Minh, Vice Chairman of the State Committee for Overseas Vietnamese Affairs Luong Thanh Nghi, along with representatives of Vietnamese agencies and enterprises operating in Cambodia.
Addressing the launch ceremony, Nguyen Thanh Dung, Director of Agribank Vietnam in Cambodia, Chairman of Vietnam Business Club in Cambodia, said that there are more than 200 Vietnamese businesses investing in Cambodia, with a registered capital of more than US$3 billion. The businesses have mainly invested in the fields of agriculture, telecommunications, finance, banking, aviation, logistics, health and education.
The Vietnam Business Club in Cambodia is expected to provide a space for Vietnamese businesses in Cambodia to meet and exchange, contributing to the promotion of cooperation on economics, trade and relations between the two countries. Through the club, businesses also have more opportunities to promote their products to other countries around the world.
Speaking at the event, Chairman of the Vietnam Business Club in Cambodia Nguyen Thanh Dung said that with the support of both Vietnam and Cambodia, the Vietnam Business Club in Cambodia in particular and other businesses in general will develop sustainably, bringing Vietnam-Cambodia trade turnover to US$ 5 billion.