Trade with Vietnam up 21.2% YoY in first two months of 2017
/ April 13, 2017
Trade with Vietnam up 21.2% YoY in first two months of 2017 Trade between
Cambodia and Vietnam rose 21.2% YoY in the first two months of 2017 to about
$624.1mn, according to the Vietnamese ambassador to Cambodia. He told local media
that Vietnam was Cambodia’s third-largest trade partner last year, as bilateral trade hit
$3bn. Vietnam was also among the top-five investors in Cambodia in 2016, with $2.85bn
registered capital invested in 183 projects. Commerce Ministry spokeswoman Soeng
Sophary said business with Vietnam will further improve when the two countries sign a
border trade agreement. She told the Khmer Times that officials are currently working with
Vietnam’s Industry and Trade Ministry to finalize the agreement, which will be signed
within the year. (Source: Khmer Times)
