Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Vietnam exports fall as Thai trust rises

Vietnam exports fall as Thai trust rises

Bilateral trade between Cambodia and Vietnam fell marginally by 6 per cent in the first half of this year largely due to a slump in Vietnamese exports, according to data from the Vietnamese Embassy in Cambodia.

Vietnam exports to Cambodia totalled $1.3 billion as of June 30, down 13 per cent from $1.51 billion recorded at the same time last year. Meanwhile, Cambodian exports to the neighbouring country, which largely consisted of seafood, tobacco, rubber and rice, increased 21 per cent year on year.

Lim Heng, vice president of the Cambodian Chamber of Commerce, said the flow of Vietnamese products into Cambodia is usually relative to the amount flowing from Thailand, as there is a deeper trust for Thai-made goods.

“The last few years, Thailand has been strict on exports to Cambodia due to that country’s political issues. Thus our people turn to use more Vietnamese products instead,” he said.

“But now the relationship between Cambodia and Thailand is improving, so Thai products flow better into Cambodia, which can slow the amount of goods coming from Vietnam.”

The Vietnamese Embassy could not be reached for comment.

0

Comments

Please, login or register to post a comment

Latest Video

Mark Morris Dance Group's Khmer Triumph

The world renowned Mark Morris Dance Group swirled into the Kingdom to perform and share their knowledge with local dancers as part of the US State Department's Dance Motion USA program.

Paris Peace Agreements

Anniversary met with animosity

Anti-Vietnamese sentiment strong at commemoration of Paris Peace Agreements.

Veterans

Veterans short-changed

Former soldiers, many disabled, travel far to the capital in their almost decade long battle to regain lands promised to them in return for defecting from the Khmer Rouge.