(VOV) - Viet Nam is among the five biggest investors in Cambodia with 124 projects, totaling 2.5 billion USD. The Association of Vietnamese Investors to Cambodia (AVIC) announced this at a conference yesterday to review Vietnam’s trade promotion in Cambodia. The upward trend came despite a struggling world economy. Vietnam Airlines’ direct flights, Viettel’s telecom network, and major agriculture and mining projects have been attracting Vietnamese investment to Cambodia.

Prime Minister Hun Sen receives Vietnamese investors in Cambodia (Photo:VNA)

Speaking at the conference, Men Som An – Cambodia’s Deputy Prime Minister, praised Vietnamese businesses for helping Cambodia in economic development, poverty and hunger eradication, and improving people’s lives. By 2015 Vietnamese investors plan to increase direct investment in Cambodia to 4 billion USD, two-way trade turnover to 5 billion USD, and tourism growth to 30% per year.