Vietnam-Cambodia trade rises sharply
(VNA - 23/6/2011) - Two-way trade between Vietnam and Cambodia in the first five months of this year reached over one billion USD, representing a year-on-year rise of 41 percent.
Vietnam's investment focuses on rubber and farm produce processing (Source: Internet)
During this period, Vietnam exported 891 million USD worth of goods to Cambodia, an increase of 139 percent while Cambodia earned 124 million USD, compared to 120 million USD 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 two billion USD by 2011./.
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