DPA
Phnom Penh - The global economic crisis caused a 26 per cent slump in trade between Cambodia and Vietnam through November, but officials in both countries expect a strong rebound this year, national media reported Wednesday. Two-way trade between the south-east Asian neighbours stood at 1.175 billion dollars, statistics released by the Vietnamese embassy in Phnom Penh revealed. Vietnamese exports to Cambodia made up the lion's share, worth 1.017 billion dollars.
The commercial attache at the Vietnamese embassy told the Cambodia Daily newspaper that trade would likely double between the two nations this year. That echoed earlier comments made by Cambodia's commerce minister.
"The economic (ties) between Vietnam and Cambodia in investment and trade are growing," said the embassy's Le Bien Cuong, predicting improved figures in a number of areas particularly commodities and construction materials.
Vietnam, a close political ally, is also a key investor in Cambodia with significant interests in agribusiness, telecoms and banking. Last month the two nations signed an agreement that could result in investments worth billions of dollars, including one for a bauxite mining concession.
Exports of fuel and steel products totalling 560 million dollars made up more than half of Vietnam's exports to Cambodia. Bilateral trade stood at 1.64 billion dollars in 2008, up from 1.2 billion dollars the previous year.
The commercial attache at the Vietnamese embassy told the Cambodia Daily newspaper that trade would likely double between the two nations this year. That echoed earlier comments made by Cambodia's commerce minister.
"The economic (ties) between Vietnam and Cambodia in investment and trade are growing," said the embassy's Le Bien Cuong, predicting improved figures in a number of areas particularly commodities and construction materials.
Vietnam, a close political ally, is also a key investor in Cambodia with significant interests in agribusiness, telecoms and banking. Last month the two nations signed an agreement that could result in investments worth billions of dollars, including one for a bauxite mining concession.
Exports of fuel and steel products totalling 560 million dollars made up more than half of Vietnam's exports to Cambodia. Bilateral trade stood at 1.64 billion dollars in 2008, up from 1.2 billion dollars the previous year.
4 comments:
The more I know what youn is doing to khmer which is more serious what thai is doing to khmer. If I have to, I rather buy stuff made in thailand.
Forget about made in vietnam, or by youn. forget about it!
if khmer people who love khmer stop buy everything from youn country or anything that make in youn name do not buy it.
From the continuation of history can we see this thing this way:
Viet have crouched into South East Asia for centeries and never sease to stop (It swallow whole of CHAM) and big chunk of Cambodia! already)
Just in mordern history after the end of Frech era the vietnamese had kidnap Cambodia Kids for future traine to controled Cambodia (Exemple: Pen Sovan)
This show that the Vietnamese Communist has a long long time plane to take over Cambodia!
In 1975 the Vietnamese Communist create Pol Pot and help Pol Pot take over Cambodia ( Vietnamese motherfucker is the creator of the killer monster Pol Pot)
After helped and doctrinated Pol Pot to Kill millions of Cambodia, motherfucker Vietnamese creat and invasion so they can get credit as a good guy and save the live of its spies (Hor NamHong, Kiet Chorn, and the liked)
Can any body see the fucking evil of the Vietnamese motherfucker!
May lightning strike the traitors of the nations and religion!
And motherfuckers go to hell!!!!!!
5:22 AM
5:26 AM
I'm not surprise if Vietnam keep sucking Cambodia so hard, there is nothing left for the people of Camboida to buy, no money, no house, nothing...
May be they if Hun Sen give more of his $ to vietnam to make the different since he the biggest Kock sucker...
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