BUSINESS IN BRIEF 26/8: Cross-border trade with Cambodia on the rise

Cross–border commodity exchange between Vietnam and Cambodia is thriving thanks to 1,270km of shared border, 10 international gates, 37 main and auxiliary border gates, and nine border economic zones. The southern province of An Giang, which lies on the Cambodian frontier, has two international and two national border gates, along with many auxiliary entry points. These play a crucial role in connecting Vietnam’s Mekong Delta provinces to the neighbouring country. … An Giang’s exports to Cambodia totalled US$572 million in the first half of 2013, up by 35% year on year, noted Mai Thi Anh Tuyet, Director of the provincial Industry and Trade Department. Exports to Cambodia include essential goods, such as construction materials (cement and steel), groceries, fertiliser and other agricultural materials. The significant growth in trade is attributable to import-export policies and mechanisms updated and adjusted annually by the Vietnamese and Cambodian Governments. …

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/82610/business-in-brief-26-8.html