Wednesday, 12 September 2012
By May Kunmakara
Phnom Penh Post
In
an effort to stimulate US$5 billion in trade between Cambodia and
Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond
Island Convention and Exhibition Centre from September 21 to 25.
Cambodia’s
Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan Dung
made the pledge during the third conference on Cambodia-Vietnam
Investment and Trade in Kien Giang Province, Vietnam, in late June, in
an effort to raise bilateral trade to $5 billion by 2015.
Tran
Tu, trade attaché from the Vietnam Trade Office in Cambodia, said the
trade fair will be organised by the Center of Exhibition and Trade
Promotion of Army (CETPA), Ministry of Defence of the Socialist Republic
of Vietnam.
The annual event is part of the framework of Vietnam’s national foreign trade promotion.
Tran Tu said there will be about 150 companies taking part in the event with the total number of standard booths at 250.
“Despite
recent economic difficulties in Vietnam and Cambodia, the trade fair’s
size is similar to last year’s because Vietnamese enterprises hope to
sell more products, goods and services to the neighbouring market of
Cambodia,” he said.
Cambodia’s total exports to Vietnam rose by
10.6 per cent to $329,596,129 in the first seven months of the year,
compared to $283,649,387 for the same period in 2011.
The total imports from Vietnam went up by 23.67 per cent, totaling $1,631,606,330.
To contact the reporter on this story: May Kunmakara at kunmakara.may@phnompenhpost.com
3 comments:
No trade with a thief nation Yuon/Vietnamese. Go to hell Yuon thieves!
this is good for the consumers. more sellers, more competition, and better price. not everything needs to be political.
Trade is good with the barbaric-bamboo,sell more to them buy less from them,that is the law of economic systems to sustain economy growth.But,don't get politic influence from or you will lose or serving them like Cpp today.Economy is base on supplies and Demand and neutral trade and trust.Politic is not good to be around Yuon Hanoi,for century now khmers deal with Yuon always lost, land and lives...Its time to put a brake to stop for good!!!
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