The event is designed to step up trade promotion, expand market access, and unlock cooperation potential between two neighboring economies with a long-standing partnership that is growing more strategic.

Cambodian Secretary of State at the Ministry of Commerce Seang Thay noted that Vietnamese enterprises offer many products well suited to Cambodian demand and welcomed the close coordination between the two ministries in facilitating direct business contacts. He added that Cambodia will host a large-scale International Import–Export Fair in Phnom Penh in December, with Vietnam’s Ministry of Industry and Trade as a key partner.

In his remarks, Deputy Director General of the Vietnam Trade Promotion Agency at the Ministry of Industry Bui Quang Hung said the two sides will continue to cooperate in priority areas, including organizing trade fairs and exhibitions of Vietnamese goods in Cambodia; developing an online business database; promoting market surveys and enterprise matchmaking; and training Vietnamese firms on standards, import regulations, and Cambodia’s business culture. He called on the Cambodian side to facilitate Vietnam’s trade promotion activities, provide timely information on import policies, and help strengthen business linkages.

According to Vietnam’s Trade Counselor in Cambodia, Do Viet Phuong, the two economies are highly complementary, with several export–import items showing strong values and growth prospects, thus forming a basis for raising bilateral trade to US$20 billion.

Notably, hundreds of direct business-to-business meetings took place within the conference, opening opportunities in agriculture, processed foods, consumer goods, building materials, electrical equipment, machinery, and logistics. Numerous ideas, business agreements, and project proposals were initiated, laying the groundwork for practical, long-term cooperation and pushing up a more substantive and sustainable Vietnam–Cambodia economic partnership.

Vietnam ramps up trade push to reach US$20-bln turnover with Cambodia

Major trade promotion events will be organised in August, September and December to support exporters seeking to expand in Cambodia, Director General of the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency Vu Ba Phu said on August 12.

Vietnam bolsters investment, economic cooperation in northeastern Cambodia

Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.