Viet Nam-Cambodia trade targets $5 billion by 2015

Friday, Jan 03, 2014 08:00

Photo vovnews

HA NOI (Biz Hub)— Trade between Viet Nam and Cambodia has developed significantly and will reach US$5 billion by 2015, said Tran Bac Ha, President of the Association of Vietnamese Investors in Cambodia (AVIC).

A report from the Ministry of Industry and Trade's Asia-Pacific Market Department revealed that two-way trade value reached $3.1 billion over the past 11 months.

Of this total, $2.7 billion came from Vietnamese exports, a year-on-year rise of 5 per cent, including petroleum, steel and iron, garments and textiles, agricultural machinery, chemicals and fertiliser. — VNS

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