[VOV]
Prime Minister
Nguyen Tan Dung’s official visit to the Kingdom of Cambodia is expected
to open up more opportunities for Vietnamese investment in the country
as well as bilateral economic cooperation.
Many major Cambodian newspapers run articles about it and reviewed positive achievements in bilateral trade.
In 2010, trade revenues between Vietnam and Cambodia hit more than
US$1.8 billion, up more than 35 percent from the previous year. Vietnam
also invested over US$2 billion in nearly 90 projects in Cambodia.
Nearly 470,000 Vietnamese tourists visited Cambodia in 2010, ranking
first and accounting for one fourth of the country’s total foreign
tourists.
A Cambodian entrepreneur of Vietnamese descent, Xieng Minh, told VOV
that he hoped PM Dung’s visit will help Vietnamese enterprises boost the
presence of their goods in Cambodia. He added that Vietnam’s
agricultural products have secured a firm foothold in the market and he
expects more opportunities in other fields.
DPM (PetroVietnam Fertilizer & Chemicals Company) is an example
of a successful Vietnamese business that brings practical benefits to
the local people.
In 2010, DPM transferred techniques to some Cambodian farmers and
helped them double their rice output to nearly nine tonnes per hectare.
This year, the company has set a target to expand this technical
transference to three provinces – Kampang Cham, Kampang Thum, and
Kandal.
Kieng Kieng, a farmer from Kandal province, praised Vietnamese
experts for giving farmers like him expertise in rice cultivation and
helping them create a better model for growing rice. “Before this we
farmers only cultivated according to our experience,” he said.
With assistance from Vietnamese agriculturists, Cambodia is expected
to achieve its target of exporting one million tonnes annually by 2015.
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