Cambodia-Vietnam trade jumps 18%

Cambodia-Vietnam trade jumps 18%Bilateral trade volume between Cambodia and Vietnam jumped to $3.3 billion in 2012, a 18 per cent rise from $2.8 billion in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on December 29.

Main products Vietnam exported to Cambodia included petroleum, construction materials, information technology devices and equipment, agricultural machinery, fertilizers, and consuming goods.

Meanwhile, Cambodia exported agricultural products including rice, corn, cassava, rubber latex and furniture to Vietnam.

The report also said that Vietnamese investment in Cambodia had reached $2.5 billion in 2012, up 25 per cent from $2 billion in 2011, ranking Vietnam as the 5th largest investor in the country.

It added that 40.7 per cent of Vietnamese investment went to agriculture, especially rubber plantation, 34.2 per cent to energy, 10.5 per cent to banking and finance, 6 per cent to telecoms, 4 per cent to aviation and the rest went to mining.



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Bilateral trade volume between Cambodia and Vietnam jumped to $3.3 billion in 2012, a 18 per cent rise from $2.8 billion in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on December 29. Main products Vietnam exported to Cambodia included petroleum, construction materials, information technology devices and equipment, agricultural machinery, fertilizers, and consuming goods. Meanwhile, Cambodia exported agricultural products including rice, corn, cassava, rubber latex and furniture to Vietnam. The report also said that Vietnamese investment in Cambodia had reached $2.5 billion in 2012, up 25 per cent from $2 billion in 2011, ranking...

Cambodia-Vietnam trade jumps 18%Bilateral trade volume between Cambodia and Vietnam jumped to $3.3 billion in 2012, a 18 per cent rise from $2.8 billion in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on December 29.

Main products Vietnam exported to Cambodia included petroleum, construction materials, information technology devices and equipment, agricultural machinery, fertilizers, and consuming goods.

Meanwhile, Cambodia exported agricultural products including rice, corn, cassava, rubber latex and furniture to Vietnam.

The report also said that Vietnamese investment in Cambodia had reached $2.5 billion in 2012, up 25 per cent from $2 billion in 2011, ranking Vietnam as the 5th largest investor in the country.

It added that 40.7 per cent of Vietnamese investment went to agriculture, especially rubber plantation, 34.2 per cent to energy, 10.5 per cent to banking and finance, 6 per cent to telecoms, 4 per cent to aviation and the rest went to mining.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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