Expanding Vietnamese business in Cambodia

One of the five largest investors in Cambodia, Vietnamese businesses are always highly appreciated for their good performance and contributions to socio-economic development.

At the Vietnam-Cambodia Investment and Trade Promotion Conference held on October 4, 2019 in Hanoi, chairman of Vietnam Rubber Group Tran Ngoc Thuan said that after more than ten years of investing and doing business in Cambodia, Vietnam Rubber Group has established 16 subsidiaries to develop 20 projects across seven provinces of Kratie, Ratanakiri, Kampong Thom, Mondul Kiri, Siem Reap, Oddar Meanchai, and Preah Vihear.

The total registered investment of VRG is $1.175 billion. In Cambodia, VRG plants rubber on 87,892 of the total 120,291 hectares registered, as well as developed five factories processing rubber latex at the plantation areas. The group has created more than 20,000 jobs for local people and developed infrastructure at its operation sites.

In full: https://www.vir.com.vn/expanding-vietnamese-business-in-cambodia-70966.html

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