Updated : 6:24 PM, 01/10/2009
Vietnam-Cambodia trade hit US$1.7 billion in 2008
Two-way trade between Vietnam and Cambodia hit nearly US$1.7 billion in 2008, an increase of US$400 million from a year earlier, according to the Vietnamese Trade office in Phnom Penh.

Of the total figure, Vietnam exported US$1.45 billion worth of goods to Cambodia, the office said on January 10.

Between 2004-08, the volume of Vietnamese goods exported to the neighbouring country increased by 40 percent annually and the export value rose fivefold compared to the import value.

The leading export staples to Cambodia in 2008 were building steel, agricultural machines, fertilisers, plant pesticides, household utensils, farm produce, milk, seafood and petrol. Seafood products made up 80 percent of Cambodia’s market share, followed by building steel (68 percent) and farm produce (67 percent).

Cambodian exports were mostly wooden products, rubber latex, grains, unprocessed cashew nuts, tobacco and cassava.

By late 2008, 120 Vietnamese businesses opened their representative offices and showrooms in Cambodia.

Currently, Vietnam is Cambodia’s 10th largest foreign investor, with 19 licensed projects capitalised at US$228 million.
Feedback
Your name  
Email 
Title 
Detail    
News
  • Chinese-invested steel plant inaugurated in Thai Binh
    Chinese-invested steel plant inaugurated in Thai Binh
    Shengli Vietnam Special Steel Ltd. Co began operation on September 5 in Cau Nghin industrial zone, An Bai town, Quynh Phu district, Thai Binh province.
    06/09
  • Bright future for dragon fruit exports to RoK
    Bright future for dragon fruit exports to RoK
    Vietnamese dragon fruit will be exported to the Republic of Korea (RoK) at the end of this year, said Nguyen Xuan Hong, head of the Plant Protection Department under the Ministry of Agriculture and Rural Development.
    05/09
  • Mozambique seeks agricultural cooperation with Vietnam
    Mozambique seeks agricultural cooperation with Vietnam
    Vietnam’s experience will help Mozambique reduce poverty, said Mozambique Prime Minister Aires Bonifacio Ali while working with the Vietnam Academy of Agriculture Sciences (VAAS) on September 4.
    05/09
  • Int’l Trade Fair draws over 130,000 visitors
    Int’l Trade Fair draws over 130,000 visitors
    More than 135 trade contracts valued at VND85 billion, were signed during the 2010 International Trade Fair that concluded on September 3 in Can Tho city.
    04/09
  • Construction of Asia’s largest instant coffee plant underway
    Construction of Asia’s largest instant coffee plant underway
    Work on Asia’s largest instant coffee processing plant, a wholly Indian investment, started on September 3 in the Central Highland province of Dak Lak.
    04/09

More

  • 80 foreign-invested businesses honoured for best performance
    80 foreign-invested businesses honoured for best performance
    The Rong Vang (Golden Dragon) awards were presented to 80 foreign-invested businesses in Hanoi on January 10 to honour their achievements in Vietnam’s economic development.
    10/01
  • Mobile-phone industry bucks economic trends
    Mobile-phone industry bucks economic trends
    The mobile phone industry performed exceptionally well last year to reach high development targets despite the world recession.
    10/01
  • Ministry keeps an eye on prices
    Ministry keeps an eye on prices
    The State is continuing to supervise prices for 19 essential goods in companies it controls as the world economic crisis deepens.
    10/01
  • Government okays Van Phong oil refinery
    Government okays Van Phong oil refinery
    The Government has approved the construction of a US$4.5 billion petrochemical and oil refinery complex in Van Phong Bay’s economic zone in the south central province of Khanh Hoa.
    10/01
  • Italian products to be on display in HCM City
    Italian products to be on display in HCM City
    An exhibition showcasing Italian made products will take place from January 11 to 14 in HCM City.
    10/01
RADIO THE VOICE OF VIETNAM - 58 QUAN SU STREET - HA NOI - VIET NAM
Phone: 84-4-39344231; Fax: 84-4-39344230; Email: toasoan@vovnews.vn.
Online service permit: 782/GP-BTTTT issued on 10/06/2009
Editorial Council: Chairman: Prof., Dr Vu Van Hien.
Editor-in-chief: : Vu Bich Ngoc; Deputy Editor-in-chief: Nguyen Thuy Hoa; Deputy Editor-in-chief: Do Thai Hung
Graphic powered by CGVietnam.com - Powered by ePi Technologies