The Petrolimex Company of Vietnam Opens a Representative Office in Cambodia – Tuesday, 03.8.2010
The Mirror, Vol. 14, No. 676
“The National Oil Corporation of Vietnam, Petrolimex, launched its representative office in Phnom Penh on 2 August 2010.
“During the inauguration, the director of Petrolimex, Mr. Dui Ngoc Bao, said that the representative office has the role to promote the name of the company and to do market research as well as to find trade opportunities for oil, gas, and related products, and other services in Cambodia.
“He added, ‘It is a significant step in our strategy to expand our corporation and to promote our operation on the international market, especially also on the Cambodian market
.”The Minister of Foreign Affairs of Vietnam, Deputy Prime Minister. Pham Gia Khiem [Phạm Gia Khiêm], said that Petrolimex has been operating in Cambodia since 1990, and the oil products this company supply more than half of the oil demands in Cambodia, earning US$700 million each year.
“The Minister of Commerce, Mr. Cham Prasidh, said that this company has supplied oil for local companies in Cambodia for nearly 20 years, and the oil of this company is competitive in quality and in price. He said, ‘Cambodia consumes about 1 million tonnes each year, and 80% of the oil is supplied by Petrolimex. We do not even need to check the quality of the oil, since we know well that the oil produced by the company is of high quality’.
“Mr. Cham Prasidh added, ‘Also Sokimex and Tela buy oil from Petrolimex.’ He went on to say that besides these two companies, Price Victory, Chevron, and Total might also buy oil from Petrolimex.
“He said, ‘The opening of the representative office of Petrolimex in Cambodia is a new step for the oil sector in Cambodia. I encourage the company to open its branch office in Cambodia soon, because it can help advertise the company, though agreements and contracts on operation cannot be signed.’
“The deputy director of Sokimex, which supplies 30% of the market in Cambodit, Mr. Hy Heng, said on 2 August 2010 that Sokimex has bought oil from Petrolimex since 1993, and the representative office to be opened will facilitate his company in contacting Petrolimex.
-“He said, ‘The oil market in Cambodia is very competitive – more than 10 oil companies are operating in Cambodia at present. The representative office of Petrolimex will offer information about the competitive oil market here.'” Phnom Penh Post [Khmer Edition], Vol.1, #228, 3.8.2010
Newspapers Appearing on the Newsstand:
Tuesday, 03 August 2010
Kampuchea Thmey, Vol.9, #2317, 3.8.2010
- Siamese [Thai] Troops Demanded Khmer Troops to Withdraw from the Veal Intry Area [near the Preah Vihear Temple. Siamese demonstrators warned to demonstrate in front of the Preah Vihear Temple on 7 August 2010]
Koh Santepheap, Vol.43, #7024, 3.8.2010
- The Minister of Health of Vietnam [Mr. Nguyen Quoc Trieu – Nguyễn Quốc Triệu] Met with Samdech Dekchor Hun Sen [during his visit to strengthen cooperation in the health sector between both countries]
Moneaksekar Khmer, Vol.17, #3948, 3.8.2010
- Khmers Crossing the Border Illegally to Cut Illegally Trees in Siem [Thailand] Face Torture and Detention, while Yuons [Vietnamese] Coming to Cut Trees Illegally in Cambodia [in Mondolkiri] Were Freed after They Paid US$1,000 in Fines
- Grade Quality Wood Trading to Yuon [Vietnam] Is Anarchically Active through the Chrey Thom Border Crossing
Nokor Wat, Vol.1, #20, 3.8.2010
- This Week, 43 People Were Infected with Swine Flu A/H1N1 [according to an official of the Ministry of Health]
- In the First Six Months of 2010, More Than 100,000 Tonnes of Rice Were Exported [an increase by 2,356% compared with the corresponding period last year]
Phnom Penh Post [Khmer Edition], Vol.1, #228, 3.8.2010
- Cambodia Warned Thailand That There Will Be Tension if Thailand Continues to Increase the Number of Troops along the Border
- The Petrolimex Company of Vietnam Opens a Representative Office in Cambodia
Rasmei Kampuchea, Vol.18, #5266, 3.8.2010
- Cambodia Announced that the Thai Objection Were Not Successful during the Meeting of UNESCO [see also the last Mirror editorial “Preah Vihear – Who Said What and Why” – you can click here]
- The Ministry of Health of Cambodia and the City of Ho Chi Minh in Vietnam Signed a Memorandum of Understanding [on cooperation to develop human resources and to conduct research]
- Each Year 20,000 Cambodians Traveled to Receive Medical Treatments in Vietnam [according to the Ministry of Health of Vietnam]
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