Vietnam trade passes $2bn

Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about $1.3 billion during the same period in 2010, data from the Vietnam Trade Office showed. Higher global food prices accounted for the more than 60 per cent increase, not the volume of goods traded, Tran Tu, trade attaché at Vietnam Trade Office, said yesterday…

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