Showing posts with label Vietnamese. Show all posts
Showing posts with label Vietnamese. Show all posts

Wednesday, October 24, 2012

Ethnic Chinese in Cambodia: 5 control 80?



5 control 80?


Ethnic Chinese in Cambodia only account for 5 percent of the total population, but they control 80 percent of the country's economy. In the current Cambodian government, more than half the cabinet ministers are ethnic Chinese. These people are believed to play a positive role in maintaining the friendship with China.”

Naturally, the Chinese, Vietnamese and other nationals see great opportunity to succeed in Cambodia. They do not wait and or depend on any foreign assistance to survive. They work hard with specific goals and purposes. They help each other grow businesses; hence they dominate Cambodia’s economy.

Meanwhile, most Cambodians are untrained to become successful. The majority of them drift everyday without any direction in life.  Many are inactive and unwilling to hustle. Others just hope or wish to get help from the government, NGO and international community. Politicians over-promise the people to get something for nothing for so many years.

While the newcomers are happy to grow their businesses, many Cambodians are very happy to help them make profits. Without Cambodians spending their money, those businesses cannot become successful. Many people sell their property to gamble, dine, sing, drink and trade for sex until they have no more land to live on.

It is time for the Cambodians to take charge of their own personal and national destiny. If not then someone else will.

If you don’t take care of your garden, the weeds will take it over. It is a natural law!!!

Timothy Chhim
October 24, 2012   

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Cambodia to deport Chinese for insulting late king



Updated 7:47 a.m., Tuesday, October 23, 2012
Read more: http://www.sfgate.com/news/world/article/Cambodia-to-deport-Chinese-for-insulting-late-king-3970770.php#ixzz2AElr0oV5
    In this photo taken Monday, Oct. 22, 2012, Wang Zia Chao, 43, a Chinese factory supervisor, is escorted by Cambodian police officers after being detained, on the outskirts of Phnom Penh, Cambodia. Wang who caused an uproar by tearing up a poster of Cambodia's late King Norodom Sihanouk, was transferred Tuesday, Oct. 23, 2012 to a city court where she could face formal charges for insulting the monarchy and inciting public disorder. Wang had accused garment industry employees of shirking work during a week of official mourning for Sihanouk. When she seized the portrait from one worker before a shift and destroyed it, more than 1,000 irate workers protested Monday, eventually marching to the Royal Palace to demand she be punished. Photo: Siv Channa /

    Read more: http://www.sfgate.com/news/world/article/Cambodia-to-deport-Chinese-for-insulting-late-king-3970770.php#ixzz2AElbVc3e


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By Deng Yingjing (Global Times)
08:46, October 24, 2012 http://english.peopledaily.com.cn/img/2011english/images/icon16.gifhttp://english.peopledaily.com.cn/img/2011english/images/icon17.gifhttp://english.peopledaily.com.cn/img/2011english/images/icon18.gif
Although I have been to Cambodia several times, this time was definitely the most impressive. On October 15, I was woken by an early morning phone call from one of my Cambodian friends. He told me that former Cambodian king Norodom Sihanouk had just died in Beijing. My colleagues and I immediately headed to Phnom Penh.

The whole of Cambodia has fallen into deep sorrow. In front of the Royal Palace, hundreds of thousands of people, dressed in black and white, came to mourn the former king.

On October 17, more than 100,000 Cambodians lined the route from the airport to the Royal Palace, for the return of Sihanouk's body. It reminded me of a similar scene in January 1976, when China's then premier Zhou Enlai died in Beijing.

The public is worried whether the good Sino-Cambodian relationship built by Sihanouk will be shifted by his death. In my opinion, the relationship between the two countries is at a high point, and will get better in future.

Sihanouk abdicated in 2004. As he spent most of his old age in China, his influence on Cambodian politics was limited. However, the good relationship built by Sihanouk has deeply influenced the Cambodian public.

Ethnic Chinese in Cambodia only account for 5 percent of the total population, but they control 80 percent of the country's economy. In the current Cambodian government, more than half the cabinet ministers are ethnic Chinese. These people are believed to play a positive role in maintaining the friendship with China.

Sunday, February 12, 2012

Viets Control Cambodia's Economy


VN big investor in Cambodia
HA NOI — Viet Nam led other ASEAN nations in investments in Cambodia last year, contributing US$631 million out of the total $880 million invested by nations in the bloc, the Council for Development of Cambodia (CDC) reported on Thursday.
Malaysia came second with $235 million and Singapore third with $14 million, according to the CDC.
Viet Nam had 17 projects in the neighbouring country last year, focusing on rubber plantations and mining, while Malaysia mainly invested in real estate investment, garment-making and rice milling.
According to the Viet Nam-Laos-Cambodia Economic Co-operation Development Association, Viet Nam has so far invested in more than 90 projects in Cambodia with a combined worth of over $2 billion. However, the association's vice chairman, Bui Tuong Lan, said the figure still fell below the potential for investments in Cambodia.
Cambodian encouraged overseas investment in agriculture, including cash crops like rubber and tea, as well as in banking, urban development, energy, and mining, all sectors in which Viet Nam had ample experience, said Lan, expressing hopes that Viet Nam's investment in the country could reach $6 billion by 2015.
Viet Nam also has an opportunity to boost trade with the neighbouring kingdom. According to the Vietnamese Trade Office in Cambodia, bilateral trade totalled about $2.8 billion last year, up 54.7 per cent over the previous year. Of the total, Viet Nam exported about $2.4 billion, a year-on-year increase of 55.6 per cent.
Viet Nam's exports included garments and textiles, cables, home appliances, food products and electrical parts, while its main imports were rubber, wood and wood products, and raw materials for the garment and tobacco industries.
Chan Nora, secretary for foreign affairs of the Cambodian Ministry of Commerce, said Vietnamese goods were popular in Cambodian market due to their good quality and reasonable prices. — VNS




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