Phnom Penh: Mr. Hem Vandy, Minister of Industry, Science, Technology and Innovation, said that product compliance is an investment, not just a business expense.
Minister Hem’s remarks Vandy, the Minister of Industry, will chair the Enterprise Development and Product Compliance Campaign, with the participation of approximately 2,000 entrepreneurs, producers, representatives of micro, small and medium enterprises (MSMEs), and business sector representatives, with the aim of enhancing the competitiveness of local enterprises through quality, productivity, standards, and innovation on June 29, 2026, organized by the Ministry of Industry in collaboration with the Cambodia Investment Federation Association.
Speaking at the campaign, Minister Hem Vandy highlighted the importance of preparing for the next phase of Cambodia’s economic development, which requires local enterprises to be able to compete, not only on low costs as before, but also on quality, productivity, and innovation.
The Minister said, “Please, business owners, think of compliance as an investment, not just a business expense. Enterprises that invest in quality, standards, accuracy of measurement scales, laboratory testing and innovation are investing in customer trust, stronger brands and sustainable growth.»
The Minister presented the government’s encouragement, support and supporting ecosystem Micro, small and medium enterprises, which include the Ministry’s public services, from enterprise creation and competitive business operations to increasing productivity and product quality, strengthening compliance through national quality infrastructure, promoting innovation and entrepreneurship, and expanding market access.
Please note that this campaign is part of the Ministry of Industry, Science, Technology and Innovation’s efforts to strengthen the competitiveness of Cambodia’s industrial sector and support the Royal Government’s vision of building a resilient, innovation-driven and high-value-added economy in line with the Royal Government’s Vision 2050.
This site is translated by Google Translate™
