Fri. May 17th, 2024

Bilateral trade between Vietnam and Cambodia reached 3.3 billion USD
in 2012, up 17 percent from the previous year, according to the
Vietnamese Trade Office in Cambodia.

Of this
figure, Vietnam’s total export value was 2.8 billion USD, up 18
percent from 2011 (2.4 billion USD). Its import value stood at 486
million USD, a rise of 13.19 percent from 2011 (430 million USD).

Vietnam’s exports to Cambodia include steel, confectionery,
cereals, garments and textiles, vegetables, paper, machines and
accessories. Its imports encompass seafood, maize, tobacco, rubber, rice
and cashew nuts.

Vietnamese commercial attaché
in Cambodia Tran Tu said that over the past years, the two countries
have created favourable conditions for border trade, which is expected
to help the two sides achieve the bilateral trade target of 5 billion
USD in 2015.

To achieve the goal, Vietnam and
Cambodia still need to work closely to come up with solutions to
overcome the difficulties and weaknesses, including border procedures
and haulage, poor infrastructure, and competition from foreign
enterprises, Tu added.-VNA

By vivian