VNA reported today that according to the Vietnamese Trade Office in Cambodia, bilateral trade totalled about $2.8 billion last year, up 54.7 per cent over the previous year. Of the total, Viet Nam exported about $2.4 billion, a year-on-year increase of 55.6 per cent.
Viet Nam's exports included garments and textiles, cables, home appliances, food products and electrical parts, while its main imports were rubber, wood and wood products, and raw materials for the garment and tobacco industries.
According to the Viet Nam-Laos-Cambodia Economic Co-operation Development Association, Viet Nam has so far invested in more than 90 projects in Cambodia with a combined worth of over $2 billion.
Cambodian encouraged overseas investment in agriculture, including cash crops like rubber and tea, as well as in banking, urban development, energy, and mining, all sectors in which Viet Nam had ample experience, said Lan, expressing hopes that Viet Nam's investment in the country could reach $6 billion by 2015.
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