Market and product

Cambodia creates favourable conditions for the Vietnam Rubber Group (VRG) to implement rubber projects on its land.

The first Vice President of the National Assembly of Cambodia, Nguon Nhel, made the statement at a reception for VRG general director Tran Ngoc Thuan in Phnom Penh on April 3.

Nguon Nhel praised VRG’s investment in Cambodia for contributing to the development of its economy and society, as well as improving the locals’ lives.

Local people in Kampong Thong province have appreciated VRG’s social welfare policies, including those to provide financial assistance for the construction of two pagodas and create jobs for them, he added.

The group plans to plant 100,000 hectares of rubber trees in Cambodia by 2014.