Cambodia,Vietnam bilateral trade passes US$6bil between January and July

The Cambodian government is pushing for the construction of two border “model markets” in Kampot and Svay Rieng provinces along the shared frontier with Vietnam in a bid to fuel bilateral trade and ratchet up Cambodia’s exports. - FN

PHNOM PENH (The Phnom Penh Post/Asia News Network): The bilateral trade volume between Cambodia and Vietnam topped US$6 billion in the first seven months of 2021, more than doubling over the same period last year even, as both countries amp up their battles against the novel coronavirus and its more virulent variants.

Unless virus outbreaks worsen or an economic downturn of unusual and unexpected proportions occurs, two-way trade should be on track to hit the $10 billion target – set by the leaders of both government for 2023 – by the end of this year.