News / Asia

    Cambodian Officials Speculate Vietnam Protests Could Shift Chinese Investment

    Firefighters stand across from the main entrance of Tan Than Industries as the Taiwanese bicycle factory burns, in Di An Town, Binh Duong province, Vietnam, May 14, 2014.
    Firefighters stand across from the main entrance of Tan Than Industries as the Taiwanese bicycle factory burns, in Di An Town, Binh Duong province, Vietnam, May 14, 2014.
    VOA News
    Cambodian officials say their country could benefit economically from violent anti-Chinese protests in Vietnam.
     
    Thousands of Chinese have fled Vietnam in the past week, following violent demonstrations by protesters angered by Chinese oil exploration in the contentious South China Sea. Many of those who left Vietnam crossed into Cambodia.

    In addition to two deaths and dozens of injuries, the riots damaged dozens of foreign owned factories in Vietnam, including many owned by Chinese businesses.

    Ken Ratha, a spokesman for Cambodia's Ministry of Commerce, said the violence may push some Chinese investors towards Cambodia.

    “Some Chinese investors are planning to study the possibility to invest more in our country, especially those who already have investment in Vietnam," he said. "They are planning to bring a delegation to discuss trade with us.”
     
    Cheng Hong Bo, a spokesman for the Chinese Embassy, said it is too early to tell.

    “Some of them stay here and if there's an end to [the situation] and Vietnam becomes calm, maybe they will return to Vietnam,” he said.
     
    Cambodia’s history is deeply intertwined with both nations and both are major trade partners, while China is a major provider of aid, second only to Japan.
     
    Trade between Cambodia and Vietnam reached $3.43 billion in 2013. Between Cambodia and China, that figure was about $3 billion.

    Vietnamese tourists ranked first in 2013, with 850,000 visitors, followed by China at 460,000.

    But while investment could increase, Tourism Minister Thong Khon says Phnom Penh is watching to see if tourism from Vietnam drops as a result of the recent problems.
     
    “Tourism from China has not been affected yet, as they travel by air, as do tourists from Vietnam. But we are closely observing whether tourists who transit through Vietnam are declining,” said Thong.

    Koy Kuong, a spokesman for the Ministry of Foreign Affairs, said both sides are “friends” and that Cambodia will remain neutral in their dispute.

    This report was produced in collaboration with the VOA Khmer service.

    You May Like

    Video For Many US Veterans, the Vietnam War Continues

    More than 40 years after it ended, war in Vietnam and America’s role in it continue to provoke bitter debate, especially among those who fought in it

    Video Newest US Citizens, Writing the Next Great Chapter

    100 immigrants graduated Friday as US citizens in New York, joining the ranks of 680,000 others every year in cities across country

    Family's Fight Pays Off With Arlington Cemetery Burial Rights for WASPs

    Policy that allowed the Women Airforce Service Pilots veterans to receive burial rites at Arlington had been revoked in 2015

    This forum has been closed.
    Comment Sorting
    Comments
         
    by: Cudo from: USA
    May 26, 2014 10:11 AM
    Just get out of VN country

    by: Jheffbepoy from: Philippines
    May 23, 2014 8:32 PM
    Cambodian Officials must think a dozen fold on the preservation of lasting peace and security in the world before she opens her door to the entry of Chinese Businessmen into their country. China grew to be a hideous monster that disrespects the the rule of law and if it grows a lot bigger by her economy then it shall be unstoppable when it desires to engorge its neighbors by contending later on that she is protecting Chinese based in these countries akin to what Putin stood for in Ukraine.
    In Response

    by: Anonymous from: Cambodia
    May 25, 2014 5:36 AM
    If the Philippines have land border with Vietnam, you would think otherwise.

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Vietnamese-American Youth Optimistic About Obama's Visit to Vietnami
    X
    Elizabeth Lee
    May 22, 2016 6:04 AM
    U.S. President Barack Obama's visit to Vietnam later this month comes at a time when Vietnam is seeking stronger ties with the United States. Many Vietnamese Americans, especially the younger generation, are optimistic Obama’s trip will help further reconciliation between the two former foes. Elizabeth Lee has more from the community called "Little Saigon" located south of Los Angeles.
    Video

    Video Vietnamese-American Youth Optimistic About Obama's Visit to Vietnam

    U.S. President Barack Obama's visit to Vietnam later this month comes at a time when Vietnam is seeking stronger ties with the United States. Many Vietnamese Americans, especially the younger generation, are optimistic Obama’s trip will help further reconciliation between the two former foes. Elizabeth Lee has more from the community called "Little Saigon" located south of Los Angeles.
    Video

    Video First-generation, Afghan-American Student Sets Sights on Basketball Glory

    Their parents are immigrants to the United States. They are kids who live between two worlds -- their parents' homeland and the U.S. For many of them, they feel most "American" at school. It can be tricky balancing both worlds. In this report, produced by Beth Mendelson, Arash Arabasadi tells us about one Afghan-American student who seems to be coping -- one shot at a time.
    Video

    Video Newest US Citizens, Writing the Next Great Chapter

    While universities across the United States honor their newest graduates this Friday, many immigrants in downtown Manhattan are celebrating, too. One hundred of them, representing 31 countries across four continents, graduated as U.S. citizens, joining the ranks of 680,000 others every year in New York and cities around the country.
    Video

    Video Vietnam Sees Strong Economic Growth Despite Incomplete Reforms

    Vietnam has transformed its communist economy to become one of the world's fastest-growing nations. While the reforms are incomplete, multinational corporations see a profitable future in Vietnam and have made major investments -- as VOA's Jim Randle reports.
    Video

    Video Qatar Denies World Cup Corruption

    The head of Qatar’s organizing committee for the 2022 World Cup insists his country's bid to host the soccer tournament was completely clean, despite the corruption scandals that have rocked the sport’s governing body, FIFA. Hassan Al-Thawadi also said new laws would offer protection to migrants working on World Cup construction projects. VOA's Henry Ridgwell reports.
    Video

    Video Infrastructure Funding Puts Cambodia on Front Line of International Politics

    When leaders of the world’s seven most developed economies meet in Japan next week, demands for infrastructure investment world wide will be high on the agenda. Japanese Prime Minister Shinzo Abe’s push for “quality infrastructure investment” throughout Asia has been widely viewed as a counter to the rise of Chinese investment flooding into region.
    Video

    Video Democrats Fear Party Unity a Casualty in Clinton-Sanders Battle

    Democratic presidential front-runner Hillary Clinton claimed a narrow victory in Tuesday's Kentucky primary even as rival Bernie Sanders won in Oregon. Tensions between the two campaigns are rising, prompting fears that the party will have a difficult time unifying to face the presumptive Republican nominee, Donald Trump. VOA national correspondent Jim Malone has more from Washington.
    Video

    Video Portrait of a Transgender Marriage: Husband and Wife Navigate New Roles

    As controversy continues in North Carolina over the use of public bathrooms by transgender individuals, personal struggles with gender identity that were once secret are now coming to light. VOA’s Tina Trinh explored the ramifications for one couple as part of trans.formation, a series of stories on transgender issues.
    Video

    Video Amerikan Hero Flips Stereotype of Middle Eastern Character

    An Iranian American comedian is hoping to connect with American audiences through a film that inverts some of Hollywood's stereotypes about Middle Eastern characters. Sama Dizayee reports.
    Video

    Video Budding Young Inventors Tackle City's Problems with 3-D Printing

    Every city has problems, and local officials and politicians are often frustrated by their inability to solve them. But surprising solutions can come from unexpected places. Students in Baltimore. Maryland, took up the challenge to solve problems they identified in their city, and came up with projects and products to make a difference. VOA's June Soh has more on a digital fabrication competition primarily focused on 3-D design and printing. Carol Pearson narrates.

    Special Report

    Adrift The Invisible African Diaspora