The two-way trade turnover between Vietnam and Cambodia in the first quarter of this year jumped by nearly 130 percent over the same period last year to hit 432 million USD.
The sharp rise is regarded a good signal for achieving the target of 2 billion USD in the two-way trade turnover set by the two countries’ prime ministers for this year.
The target is achievable since Cambodia sees a strong economic recovery, said Cambodia’s Ministry of Commerce Secretary of State Chan Nora.
Vietnam’s export staples to the neighbouring country are vegetable, fruits, plastic products, home utensils, construction materials, farming machines and fertilisers.
Meanwhile, Cambodia exports wood, rubber, cashew nuts, maize, cassava among agricultural products to Vietnam .
Last year, the bilateral trade turnover only stood at 1.33 billion USD, down 19 percent from 2008, due to negative impacts of the global financial crisis./.
The sharp rise is regarded a good signal for achieving the target of 2 billion USD in the two-way trade turnover set by the two countries’ prime ministers for this year.
The target is achievable since Cambodia sees a strong economic recovery, said Cambodia’s Ministry of Commerce Secretary of State Chan Nora.
Vietnam’s export staples to the neighbouring country are vegetable, fruits, plastic products, home utensils, construction materials, farming machines and fertilisers.
Meanwhile, Cambodia exports wood, rubber, cashew nuts, maize, cassava among agricultural products to Vietnam .
Last year, the bilateral trade turnover only stood at 1.33 billion USD, down 19 percent from 2008, due to negative impacts of the global financial crisis./.
