Thursday, February 4, 2010

Trade with Vietnam fell by nearly 19pc in 2009

Shoppers pass in front of Vina Mart, a store selling Vietnamese-produced goods on Monivong Boulevard, Phnom Penh, Tuesday. Imports from Cambodia's neighbour fell more than 19 percent last year. (Photo by: Uy Nousereimony)
Wednesday, 03 February 2010
By May Kunmakara
The Phnom Penh Post

Despite a small recovery in volumes during the final quarter, bilateral trade suffered due to the global crisis, body reports
FALLOUT from the global economic crisis is to blame for an 18.7 percent slump in bilateral trade between the Kingdom and Vietnam, the Cambodian Chamber of Commerce (CCC) said Tuesday.
Official figures from the Vietnam Embassy in Phnom Penh, released to the Post on Tuesday, showed that trade between the neighbours dropped to US$1.332 billion in 2009, from $1.640 billion in 2008.
Cambodia’s main exports of unprocessed agricultural products plummeted 15.5 percent, to $186 million from $220 million.
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