The new growth model will help Việt Nam move beyond a development path reliant on low-cost labour and resource extraction, enabling the country to gradually climb to higher levels in the global value chain.
The event, a key activity under the 2025 National Trade Promotion Programme, aims to boost import–export growth in southern Việt Nam, strengthen regional linkages, and expand cross-border economic cooperation between the two countries.
The Việt Nam – Cambodia Business Association (VCBA) organised its first congress in Phnom Penh from September 28-29, discussing measures to bolster bilateral trade cooperation and strengthen Vietnamese goods’ presence in the neighbouring country.
The two-way trade reached US$10.1 billion last year, while the figure in the first eight months of the year was nearly $8 billion, up 16.3 per cent year-on-year.
Vietnamese Ambassador to Cambodia Nguyễn Minh Vũ led a delegation to Mondulkiri, Ratanakir, and Kratie provinces from August 5-8, aiming to deepen economic ties.
The electricity sector of the Central Highlands province of Gia Lai has been working to ensure a stable supply of power for Cambodia’s Ratanakiri Province, in line with the energy cooperation agreement between the two countries.
Amid strong growth in Indochina, Sacombank Cambodia has launched a promotion to help customers cut costs and improve cross-border transactions with Việt Nam and Laos.
Việt Nam is the largest ASEAN investor in Cambodia and in the top five largest investors here with 205 valid projects with a total registered capital of $2.95 billion focusing on agriculture, energy, telecommunications, finance and banking, manufacturing and processing,...