Cambodia and Vietnam Set Ambitious Trade Target of USD 20 Billion
In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on February 26, 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and H.E. Nguyen Minh Vu, the Ambassador […]
K-Water Eyes Investment in Cambodia’s Water Resource Management
The Korean Water Corporation (K-water) is actively pursuing investment opportunities in Cambodia’s water resource management sector. During a recent meeting with Prime Minister Hun Manet, K-water CEO His Excellency Yun Seogdae emphasized the company’s commitment to collaborating with Cambodian ministries and institutions. The meeting highlighted the need for cooperation to strengthen Cambodia’s water management systems. […]
Japan Boosts Education and Healthcare in Cambodia with New Grant Aid
In a significant commitment to support Cambodia’s development, the Japanese government has announced a grant aid of over USD 720,000 to enhance early childhood education and improve medical services in the country. The announcement was made during a signing ceremony with a Japanese NGO in Cambodia, attended by key officials, including His Excellency Ueno Atsushi, […]
China has invested nearly USD 300 million to build a glove factory in Svay Rieng Province
Nex Healthcare Co., Ltd., a world-class Chinese company, has invested approximately USD 273 million to officially open a factory for the production of gloves (PVC and rubber) and medical equipment in the Qilu Special Economic Zone, Svay Rieng Province, on March 2, 2025. During the groundbreaking ceremony for the factory, His Excellency Chea Vuthy, Secretary […]
Cambodia’s Trade Volume Surges to Over USD28 Billion in 2024
In a significant boost to its economy, Cambodia has reported a trade volume exceeding USD 28 billion in 2024, marking an impressive 18% increase from the previous year. The latest import trade report from the General Department of Customs and Excise reveals a total import value of approximately USD 28.5 billion, reflecting robust growth in […]
Chinese Energy Producer Aims to Expand in Cambodia, Targeting Agriculture and Energy Sectors
In a significant development for Cambodia’s economy, Chilwee Group, a leading energy producer from Zhejiang Province, China, is looking to expand its operations in Cambodia, with a focus on agriculture and energy. This announcement was made during a working meeting on February 28, 2025, between Mr. Lan Yingtong, Chairman of the Battery Scale Commission and […]