Vietnam-Cambodia trade rises sharply
Two-way trade between Vietnam and Cambodia in the first five months of this year reached over $1 billion, representing a year-on-year rise of 41 per cent.
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During this period, Vietnam exported $891 million worth of goods to Cambodia, an increase of 139 per cent while Cambodia earned $124 million, compared to $120 million from its exports to Vietnam.
The Vietnam Trade Office in Cambodia said Vietnam’s exports to Cambodia rose sharply due to growing investment by Vietnamese companies in Cambodia, especially in the fields of rubber, farm produce processing and health care.
According to the Statistics Department under the Cambodian Ministry of Commerce, this growth was in line with the two governments’ goal of raising bilateral trade to $2 billion by 2011.
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