Vietnam's investment in Cambodia has changed dramatically

Thanh Hà |

President To Lam affirmed that the results achieved by the joint venture company Metfone are typical for economic cooperation between Vietnam and Cambodia.

Continuing his state visit to Cambodia , on the afternoon of July 13, President To Lam and a high-ranking Vietnamese delegation visited telecommunications company Metfone, an enterprise owned by the Military Industry and Telecommunications Group (Viettel). joint venture with Cambodian partners investing in the Kingdom of Cambodia, according to VNA.

Speaking at the meeting, President To Lam highly appreciated the results that the joint venture company Metfone has achieved after more than 15 years of presence in the Cambodian market, affirming that this is a typical example of economic cooperation between the two countries. Vietnam and Cambodia; At the same time, he affirmed that in addition to its dynamic business image, Metfone has entered the hearts of Cambodian people through social security activities in Cambodia.

President To Lam highly appreciated the company's policy of accompanying the Cambodian Government in implementing e-Government when universalizing telecommunications services, pioneering in supporting digital transformation in the Government and ministries and branches of the country. Cambodia; Digital financial development.

The President said that from an economic perspective, Vietnam and Cambodia are two adjacent markets, sharing a border, with convenient road, waterway and air transportation systems.

The two countries share the same determination to integrate regionally and internationally. The current capabilities of the businesses of both sides are completely suitable and meet the needs of penetrating, finding a foothold and developing market share in each country.

Up to now, it can be affirmed that Vietnam's investment activities in Cambodia have changed strongly.

The President hopes that Metfone will continue to become a leading enterprise in the fields of telecommunications, technology, and digital transformation in Cambodia; Actively support the Vietnamese business community in Cambodia to develop together, contribute to the socio-economic development of Cambodia and cultivate the Vietnam - Cambodia friendship.

Noting the company's suggestions and recommendations, the President said that the Party and State always trust and create favorable conditions for Viettel and Metfone to successfully complete their investment and business goals and perform well. our social responsibility to our friend country Cambodia.

The President also requested the Ministry of National Defense, relevant ministries, departments and branches of the two countries, with their responsibilities and feelings, to continue to pay attention and support Metfone to promptly resolve difficulties and problems that arise for Metfone. growing stronger and stronger, contributing to the socio-economic development of Cambodia, contributing to good neighborly relations, traditional friendship, comprehensive cooperation, and long-term sustainability with Vietnam. - Cambodia is developing more and more effectively and substantially.

Previously, President To Lam attended the ceremony to announce the direct flight Hanoi - Phnom Penh of Vietnam Airlines, according to which the Vietnamese national airline will operate a direct flight between Hanoi and Phnom Penh from October 27 with frequency capacity of 4 round-trip flights per week.

President To Lam also witnessed the signing of a memorandum of understanding between Vietnam Airlines and Cambodia Angkor Air on strengthening and expanding cooperative relations. bilateral cooperation, with the goal of providing aviation services with the highest quality standards on routes between Vietnam and Cambodia; and a memorandum of cooperation between Vietnam Airlines, Saigon Tourist Group, Cambodia Tourism Association (CATA) and Cambodia Angkor Air on cooperation to promote "Two Nations" tourism and aviation - One destination".

Thanh Hà
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