Wednesday, October 28, 2009
(Posted by CAAI News Media)
Almost 30 Vietnamese businesses from southern Dong Thap province and Cambodian companies have discussed how to boost opportunities for trade and investment cooperation between the two sides.
At a workshop on trade and investment promotion held in Phnom Penh on October 27, participants introduced each other to areas of potential and opportunity for cooperation, and ask questions on legal issues, customs, finance and banking.
Sharing a common borderline with Cambodia, Dong Thap province is ideally suited to boost trade promotion, expand into the market and consume products in Cambodia, said the Chairman of the Dong Thap Provincial People’s Committee, Truong Ngoc Han, at the workshop, which was held by the Cambodian Chamber of Commerce and the Dong Thap Provincial Trade and Investment Promotion Centre.
A memorandum of understanding on enhancement of investment and trade was signed right after the workshop by senior officials of Dong Thap province and the Cambodian Chamber of Commerce.
Additionally, companies from both sides agreed trade contracts worth US$1 million at the workshop.
Earlier, at a meeting with Cambodian Vice Prime Minster Men Sam On, Chairman of the Dong Thap Provincial People’s Committee Truong Ngoc Han pledged to push up activities at gates along the borderline between Dong Thap province and Cambodia’s Prey Veng province.
Dong Thap province has helped build infrastructure for provincial road 102 in Cambodia, linking from the Dinh Ba-Bontea Chak Krey border gate to the trans-Asia highway.