Vietnam, Cambodia cooperate in rubber planting

Vietnam is currently implementing rubber growing projects in Cambodia, aiming to plant 100,000 hectares of rubber trees in five Cambodian provinces by 2012.

The projects are part of a trade promotion plan approved by the Prime Ministers of both countries at the Vietnam-Cambodia business conference in April 2011.

A seminar was held in Phnom Penh on May 27 to offer tax reductions and exemptions for businesses involved in rubber growing projects in Cambodia.

Cambodian officials highlighted the significance and benefits of these projects, saying that the projects helped upgrade infrastructure, provide clean water, build houses for workers and pagodas for religious followers, thereby improving local people’s incomes. – VOV

Tags: Vietnam Rubber, Vietnam rubber sector

Posted by VBN on May 30 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry