Vietnam’s investment skyrockets

14 January 2014
The Phnom Penh Post
Economic policy and administration / Economy and commerce / Government / International relations
Cambodia Chamber of Commerce / Fourth Cambodia-Vietnam Conference on Investment Cooperation / Kith Meng / Nguyen Tan Dung / Peace Palace / Prime Minister Hun Sen

Political instability has done little to dampen Vietnam’s appetite for investment in Cambodia, the latest figures revealed yesterday by Prime Minister Hun Sen show. Last year, Vietnamese investment reached $302 million, up 250 per cent from $86 million in 2012, according to the prime minister, who spoke about the relationship between the two countries during the 4th Cambodia-Vietnam Conference on Investment Cooperation at the Peace Palace in Phnom Penh. … With his Vietnamese counterpart, Nguyen Tan Dung, looking on, Hun Sen ticked off a variety of industries that have benefited from Vietnamese funds over the years, and said that all the investments “have contributed to economic diversification, job creation and accelerated economic growth”. …

 Hor Kimsay and Daniel de Carteret
http://www.phnompenhpost.com/business/vietnam%E2%80%99s-investment-skyrockets