Vietnam Sets Sights on Clean Energy and Agro-Industrial Investment in Cambodia

In a recent meeting on April 3, 2025, representatives from the Vietnam Rubber Industry Association expressed their ambition to enhance clean energy investments and explore the establishment of an agro-industrial zone in Cambodia. The discussions took place between His Excellency Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia, and Mr. Truong Minh Trung, First Deputy Director General of Vietnam Rubber Group and Chairman of the 100,000-hectare Rubber Development Committee in Cambodia.

During the meeting, Secretary-General Chea Vuthy encouraged the Vietnam Rubber Industry Association to invest in an agro-industrial zone that would serve as a hub for companies involved in the processing of rubber, rubber trees, and other agricultural products. This initiative aims to support the local industry, which is grappling with a rapidly growing demand for these materials.

Responding positively, Mr. Truong Minh Trung acknowledged the proposal and expressed a strong interest in further expanding his investments in Cambodia’s clean energy sector. He also requested support from the Council for the Development of Cambodia to facilitate these initiatives.

In a show of commitment, Secretary-General Chea Vuthy assured Mr. Trung of the Cambodian government’s ongoing support for the expansion of Vietnamese investments, particularly in clean energy. He highlighted the importance of nurturing bilateral investment relations and reiterated the hope of attracting more Vietnamese investments to Cambodia.

This collaboration comes as Cambodia and Vietnam aim to boost their bilateral trade to an ambitious USD 20 billion in the future. In 2024, trade between the two nations already reached USD 4.6 billion, solidifying Vietnam’s position as Cambodia’s top trading partner. (Read more)

As these initiatives unfold, both countries look forward to a fruitful partnership that enhances economic growth through clean energy and agricultural development.

- Video Advertisement -

Related Post

Cambodia Unveils Strategic Plan to Combat Greenhouse Gas Emissions

In a significant step toward addressing climate change, Cambodia has officially launched an ambitious strategic plan aimed at reducing greenhouse gas emissions from 2024 to 2033. The initiative was unveiled during a ceremony presided over by HE Eang Sophallet, the Minister of Environment, and was attended by prominent figures, including HE Igor Driesmans, the Special […]

Cambodian Parliament Approves Landmark Law for 24 Electricity Investment Projects

In a significant move to bolster the nation’s energy infrastructure, the Cambodian Parliament has officially approved a draft law facilitating payment guarantees to 24 electricity investment companies. This landmark decision was made during the fourth session of the seventh National Assembly held on May 22, 2025. The new law comes in response to the surging […]

Cambodia’s Mining Sector Sees Significant Revenue Growth in 2024

In a notable achievement for Cambodia, the Ministry of Mines and Energy reported nearly USD 100 million in non-tax revenue from the mining sector in 2024, reflecting an impressive increase of approximately 79% compared to the previous year. This growth highlights the country’s expanding mining activities, which now include numerous sites dedicated to both domestic […]

ADB Unveils USD 10 Billion Investment to Realize ASEAN Power Grid Vision

In a bold move that could reshape the energy landscape of Southeast Asia, the Asian Development Bank (ADB) has announced a groundbreaking investment plan of up to USD 10 billion aimed at realizing the ASEAN Power Grid initiative. ADB President Masato Kanda made the announcement during a meeting of the Board of Directors in Milan […]

Seventeen Japanese Companies Commit to Reducing Greenhouse Gas Emissions in Cambodia

In a significant step towards combating climate change, 17 Japanese companies have pledged to engage in greenhouse gas emission reduction initiatives in Cambodia. This announcement was made by HE Eang Sophallet, Minister of Environment, during a recent meeting with Kohei Wakabayashi, President of the Japan External Trade Organization (JETRO), on May 13, 2024. During the […]

Major Investment Boost for Cambodia’s Oil Refining Sector

  In a promising development for Cambodia’s energy sector, three Chinese companies have recently unveiled plans to invest in the nation’s crude oil refining industry. This significant step is poised to enhance Cambodia’s energy independence while driving economic growth. Beijing Scitech Holdings Co., Ltd., Guanzun Energy Investment Co., Ltd., and now Beijing Sainte Holding Co., […]