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Cambodia, Vietnam bilateral trade hits $9 bn in 2021

15 Apr '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Cambodia-Vietnam bilateral trade reached over $9 billion last year—a sharp increase of 80 per cent over the 2020 figure—and continued a positive growth in the first quarter of this year, according to Cambodia’s ministry of foreign affairs and international cooperation. Vietnam continues to rank first among the Association of Southeast Asian Nations in foreign direct investment (FDI) in Cambodia, it said.

A press release from the ministry said Vietnamese Prime Minister Pham Minh Chinh recently spoke to Cambodian counterpart Hun Sen on phone.  

Both agreed on the need to continue strengthening political trust, increase cooperation to prevent the COVID-19 pandemic in the new normal to promote socio-economic recovery and continue to cooperate in building a common border of peace and friendship, Cambodian media reported.

ALCHEMPro News Desk (DS)

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