Border crossing between Cambodia and Vietnam where border trades are booming.PHNOM PENH, June 24 (Bernama) -- Two-way trade between Vietnam and Cambodia in the first five months of this year reached over US$1 billion, representing a year-on-year rise of 41 percent, Vietnam News Agency (VNA) reported.
During this period, Vietnam exported US$891 million worth of goods to Cambodia, an increase of 139 percent while Cambodia earned US$124 million, compared to US$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 US$2 billion by 2011.
During this period, Vietnam exported US$891 million worth of goods to Cambodia, an increase of 139 percent while Cambodia earned US$124 million, compared to US$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 US$2 billion by 2011.
No comments:
Post a Comment