Vietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects

• 25 June 2024
• Local News
• 907 Views

Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia.

HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with the state-run Cambodian News Agency (AKP) on 24 June 2024.

The investments primarily focus on agriculture, finance, banking, insurance, and telecommunications. These figures were revealed as Cambodia and Vietnam celebrated the 57th anniversary of their diplomatic ties this year.

Additionally, Cambodia has invested in 35 projects in Vietnam, with a total registered capital of US$75 million. Both countries are striving to reach a bilateral trade target of US$20 billion, with the volume of trade steadily increasing.

The details were provided by the Vietnamese ambassador and underscore the deepening economic cooperation between the two nations (24 June 2024).

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