Cambodia launches special programme to boost investment in Northeastern region
In 2024, the output of these agricultural products in these provinces accounted for 20–60% of the country’s total production, clearly demonstrating the region’s strong production capacity and favourable conditions in terms of soil, geography, and climate for cultivating these crops.
An overview of the launching ceremony of a special programme to promote investment in the four Northeastern provinces of Cambodia. (Photo: VNA)
Phnom Penh (VNA) – The Cambodian Government on April 9 launched a special programme to promote investment in the four Northeastern ܫprovinces of Kratie, Stung Treng, Ratanakiri and Mondulkiri for 2025-2028, focusing on three key sectors, namely agriculture, agro-industry, and tourism.
The event was presided over by Prime Minister Samdech Thipadei Hun Manet. Vietnamese Ambassador to Cambodia Nguyen Minh Vu and member enterprises of the Vietnam-Cambodia Business Association (VCBA) were among participants, along with many domestic and international guests.
In his remarks, Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance, and Chairman of the Committee for Economic and Financial Policies, highlighted the provinces’ potential in the fields of agriculture, agro-industry, and tourism, as well as in strategic and highly promising crops such as rubber, cashew, cassava and black pepper.
In 2024, the output of these agricultural products in these provinces accounted for 20–60% of the country’s total production, clearly demonstrating the region’s strong production capacity and favourable conditions in terms of soil, geography, and climate for cultivating these crops.
According to the official, the special investment promotion programme for northeastern Cambodia identifies three priority sectors: agriculture, agro-industry, and tourism. These sectors, he noted, are well-suited to the region’s existing strengths and complement each other effectively.
Cambodian Prime Minister Samdech Thipadei Hun Manet speaks at the event. (Photo:VNA)
Private investments in the four provinces will receive tax and customs support, access to financing at reasonable interest rates, assistance in reducing production costs, streamlined procedures and support for private investment activities, he added.
Cambodian PM Hun Manet emphasised five special points of the programme, including outstanding investment incentives, establishing a one-stop-shop mechanism to solve local problems, encouraging domestic investors and small and medium-sized enterprises and efforts to promote the development of supporting human resources.
The programme aims to increase employment and business activities in accordance with the local economic development model and the private sector-led growth model to attract private investment to the region, he stated./.
In a letter sent to US President Donald Trump, Cambodian Prime Minister Hun Manet requested negotiations after the US imposed a 49% tariff on products from Cambodia, urging Trump to postpone the tariff implementation.
In 2024, Cambodia cracked down 197 cases relating to human trafficking and sexual exploitation, an increase of over 20% compared to the previous year. The authorities identified 523 victims and arrested 273 suspects and sent them to court, including 30 foreigners.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
