20 VN Corporate Investors Meet with CCA Seeking Business Partnerships to Import VN Products

In a promising initiative aimed at strengthening cross-border trade, the Cambodia Constructors Association, led by CCA President Neak Oknha Pung Kheav Se, Chairman of the Board of Directors of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), played host to an assembly of distinguished guests. On 15 September 2023, more than 20 prominent Vietnamese enterprises, led by the HCMC Association of Mechanical-Electrical Enterprises (HAMEE), converged to explore opportunities for business expansion into Cambodia.

Mr Chiv Sivpheng, CCA General Secretary, articulated their intent to delve into the Cambodian business landscape. Their mission encompasses not only establishing a formidable presence within Cambodia but also cultivating valuable partnerships to facilitate the importation of Vietnamese products into the thriving Cambodian market.

During the pivotal meeting, a representative of the HCMC Association of Mechanical-Electrical Enterprises (HAMEE), articulated a compelling perspective. With keen insight, acknowledge Cambodia’s ascent as a burgeoning market, characterised by robust economic activities, notably in the domains of construction and technology. This aligns harmoniously with Vietnam’s burgeoning prowess in technical, engineering, and electrical products. They also conveyed a resounding mission – one that transcends mere presence establishment within Cambodia. Their intent is to cultivate robust and mutually beneficial partnerships that streamline the importation of Vietnamese products into the dynamic and rapidly expanding Cambodian market.

HAMEE: Pioneers of Mechanical-Electrical Expertisein Ho Chi Minh

The HCMC Association of Mechanical-Electrical Enterprises (HAMEE), a professional organisation founded under Decision No. 3259/QD-UB issued by the Chairman of the People’s Committee of Ho Chi Minh City on 31 May 2001, is at the forefront of Vietnam’s mechanical and electrical engineering sector. Comprising skilled managerial and technical experts, HAMEE unites diverse units operating across various economic domains in Ho Chi Minh City. Their collective mission is centred on advancing the mechanical and electrical engineering industry, aligning their efforts with state regulations, and fostering societal and economic growth.

As this promising collaboration unfolds, the future brims with possibilities. The meeting signifies the onset of potential trade synergies, capitalising on Cambodia’s burgeoning market and Vietnam’s product prowess. This strategic partnership holds the promise of not only boosting trade volumes but also nurturing stronger economic ties between the two sides. It’s a compelling narrative of regional cooperation and economic vitality in the making.

- Video Advertisement -

Related Post

Cambodia’s Trade Surges: Exports and Trade Volume Reach Record Highs

Cambodia has witnessed a remarkable surge in its trade volume and exports during the first four months of 2024, with trade volume exceeding US$16 billion, marking an impressive growth of nearly 12 percent. This growth trend was paralleled by a corresponding rise in exports, also reaching nearly 12 percent. The Minister of Commerce, Lok Chumteav […]

Angkor Ticket Sales Propel Cambodia’s Tourism Revenue to New Heights With US$19.9m Revenue in 4 Months

Ticket sales for Angkor Wat have generated an impressive revenue of US$19,917,533 in the first four months of 2024. This substantial income surge, marking a 41.95% increase compared to the same period in 2023, underscores the enduring allure of Angkor Wat as a premier tourist destination. The report, released by the Angkor Institute on 1 […]

Phnom Penh Unveils ASEAN-International Business Center: A New Era for Vegetable Wholesale Market

Marking a significant milestone in the agricultural and real estate sectors of Cambodia, the ASEAN-International Business Center, also known as Phsar Doeum Kor Thmey, commenced operations on 27 April 2024. Situated in Sangkat Kork Roka, Khan Prek Pnov, this expansive 20-hectare development on Boeung Ta Mok land is now the largest international vegetable wholesale market […]

Tous Les Jours Bakery Returns to Phnom Penh Amid Cambodia’s Economic Surge

In a strategic move driven by Cambodia’s robust economic growth and burgeoning market potential, the renowned bakery chain Tous Les Jours has announced its comeback to Phnom Penh after a year-long hiatus. Reported by Maeil Business News Korea on 29 April, a franchise agreement has been inked between CJ Foodville and global restaurant franchise EFG, […]

Last Chance to Seize Exclusive Sangkran New Year Deals at Borey Peng Huoth’s “Angkor Nam Samnang” Project

Time is running out to take advantage of Borey Peng Huoth’s Sangkran New Year promotion, especially as the “Angkor Nam Samnang” project nears completion! Borey Peng Huoth rolled out an exciting promotion in early April to celebrate the Khmer New Year, offering exclusive deals for homebuyers. With only a few days left until the end […]

Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023

Cambodia’s trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the […]