Cambodia expects trade with Vietnam to cross $10 bn by 2022 end: PM

Cambodia expects its trade with Vietnam to cross $10 billion by the end of 2022 as bilateral trade for the first five months of this year reached more than $5 billion, according to Prime Minister Hun Sen, who recently announced a new border crossing to Vietnam in the Tboung Khmum province aimed at boosting trade and travel between the two neighbours.

The border crossing will be inaugurated at a proper time in the future, he said. Hun Sen recently addressed ceremonies in Tboung Khmum and Koh Thma to commemorate the 45th anniversary of the fall of the Khmer Rouge, according to Cambodian media reports.

Vietnam is one of Cambodia’s main markets in the region, with the two countries having pledged to boost bilateral trade to more than $10 billion.

In full: https://www.fibre2fashion.com/news/textiles-import-export-news/cambodia-expects-trade-with-vietnam-to-cross-10-bn-by-2022-end-pm-281495-newsdetails.htm

Related Stories

Latest News

The Weekly DispatchA new weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.