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Home News VN-Cambodia bilateral trade advances 17% last year

VN-Cambodia bilateral trade advances 17% last year

alt The two-way trade turnover between Viet Nam and Cambodia touched US$3.3 billion in 2012, up 17% from the previous year, according to the Vietnamese Trade Office in Cambodia.

Viet Nam's export volume to the neighbouring country valued US$2.8 billion, representing 18% increase from 2011. Meanwhile, its import volume was US$486 million, a rise of 13.19% from 2011.
Statistics showed that Viet Nam mainly ships steel, confectionery, cereals, garments and textiles, vegetables, paper, machines and accessories to Cambodia. Its imports encompass seafood, maize, tobacco, rubber, rice and cashew nuts.  

Over the past years, the two countries have created favourable conditions for border trade, which is expected to help the two sides attain the two-way trade volume of US$5 billion in 2015.

The two sides are improving border procedures and haulage, poor infrastructure, and cooperating to face with competition from foreign enterprises./.

By Khanh Phuong (VGP News)

 

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