Cambodia extends investment call to Vietnamese enterprises

Cambodia is inviting Vietnamese businesses and investors to consider investing and operating in Cambodia across all sectors, especially those with high potential and added value, such as: automotive, modern agriculture, food processing, electronics, digital technology, financial technology and services, research and development, tourism, education, transport and logistics, creative industries, and other manufacturing sectors.

Mr. Tith Rithipol, Undersecretary of State of the Cambodian Ministry of Commerce, made the statement at the recent "Connecting Vietnamese - Cambodian Production, Distribution, and Logistics Businesses" conference.

He particularly emphasized several areas where Cambodia and Vietnam could consider closer cooperation to advance further: modernizing cross-border trade infrastructure; strengthening logistics and transport connectivity; and deepening cooperation within regional and multilateral frameworks.

In 2024, the two-way trade turnover between Vietnam and Cambodia reached approximately over $10 billion. Since the beginning of 2025, the turnover has also been outstanding. In this, industrial-energy goods account for the majority of Vietnam's exports, while agricultural products constitute a large proportion of imports from Cambodia.

To contribute to increasing bilateral trade turnover to $20 billion by 2030, Vietnam’s Deputy Minister of Industry and Trade Phan Thi Thang suggested that both sides need to take stronger action, find solutions for existing issues, and sustainably promote key areas.

Specifically, this includes linking the development of Vietnam-Cambodia border trade infrastructure with synchronous investment in border gate infrastructure, logistics, warehouses, and border markets; inter-industry, inter-regional, and cross-border linkages: planning transportation - logistics - border gates - border markets between Vietnamese provinces bordering Cambodia.

Additionally, solutions are needed to facilitate the development of Vietnam-Cambodia bilateral trade (trade promotion, goods clearance, business support); and to accelerate the application of smart border gate models to boost the export of agricultural, forestry, and fishery products to the Cambodian market.

In particular, Deputy Minister Thang emphasized that the potential for connecting businesses and bilateral trade between Vietnam and Cambodia needs more attention.