Phnom Penh, March 11, 2024: The Vietnam-Cambodia Business Association (VCBA) has embarked on a mission to collaborate closely with the Council for the Development of Cambodia (CDC) to showcase Cambodia's investment allure to Vietnamese investors, with a special focus on the agricultural domain. This resolute commitment was articulated by Oknha Leng Rithy during his recent visit to Phnom Penh on March 6, where he led a delegation from the VCBA, comprising representatives from 16 companies, in a courtesy meeting with Sun Chanthol, Deputy Prime Minister and CDC First Vice President.

In the course of the meeting, Sun Chanthol extended his appreciation to the Vietnamese investors for their keen interest and continuous expansions of investment ventures in Cambodia. He underscored the nation's stable political climate, sustained economic progress, and investor-friendly policies, including an open Investment Law, enhanced transportation infrastructure, and a steadfast commitment to clean energy.

Established in 2018, the VCBA has burgeoned to encompass over 100 member companies. The association assumes a pivotal role in nurturing commercial ties between Vietnam and Cambodia, with its objectives transcending mere investment to encompass human resource development, education, vocational training, and trade.

The VCBA's proactive initiative to champion Cambodia's potential underscores the burgeoning economic entente and shared interests between Vietnam and Cambodia. By advocating for Vietnamese investment in pivotal sectors like agriculture, the VCBA not only aims to fortify bilateral business relations but also to contribute to Cambodia's socio-economic advancement.