Vietnam-Cambodia-Laos Business Forum Strengthens Regional Trade Relations
Event in Ho Chi Minh City highlights cooperation and growth opportunities for businesses across the three nations
On October 6, the Vietnam-Cambodia-Laos Business Forum was held in Ho Chi Minh City, aimed at fostering trade connections among the three nations. Vice Chairman of the Ho Chi Minh City People’s Committee, Bui Xuan Cuong, emphasized the importance of economic and trade cooperation in strengthening the countries' ties.
Cambodia’s Under Secretary of State for Foreign Affairs, Ouk Sophon, highlighted the opportunity for the three nations to create a dynamic, mutually beneficial ecosystem, encouraging collaboration and growth. The forum brought together government officials, investors, and businesses to explore ways to enhance trade and investment between the countries.
In the first eight months of 2024, bilateral trade between Vietnam and Cambodia reached 6.8 billion USD, a 14.5 percent increase from the previous year, while Vietnam-Laos trade remained stable at 1.65 billion USD in 2023. Vietnam is one of the top investors in Cambodia and Laos, with projects totaling nearly 8.5 billion USD across both countries.
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Cambodia’s Under Secretary of State for Foreign Affairs, Ouk Sophon, highlighted the opportunity for the three nations to create a dynamic, mutually beneficial ecosystem, encouraging collaboration and growth. The forum brought together government officials, investors, and businesses to explore ways to enhance trade and investment between the countries.
In the first eight months of 2024, bilateral trade between Vietnam and Cambodia reached 6.8 billion USD, a 14.5 percent increase from the previous year, while Vietnam-Laos trade remained stable at 1.65 billion USD in 2023. Vietnam is one of the top investors in Cambodia and Laos, with projects totaling nearly 8.5 billion USD across both countries.
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