With bilateral trade surpassing US$10 billion in 2024 and continuing robust growth, Vietnam – Cambodia economic relations are enjoying their most dynamic period. The goal of US$20 billion by 2030, set by the two countries’ senior leaders, is increasingly within reach.

An international trade exhibition series on agriculture, livestock, aquaculture, beauty, pharmaceutical, laboratory, medical devices, food & beverage, and pet industry kicked off in Phnom Penh, Cambodia on September 17, bringing together more than 200 enterprises from over 10 countries and territories.

A Vietnam–Cambodia business networking conference took place in Svay Rieng province, Cambodia, on August 27, aiming to strengthen bilateral trade links and foster long-term cooperation between enterprises of the two countries.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien held talks with Cambodian Minister of Commerce Cham Nimul on April 28, discussing orientations for bolstering economic and trade ties between the two nations.

National Assembly Chairman Tran Thanh Man’s official visit to Cambodia, combined with his participation in the 12th General Assembly of the International Conference of Asian Political Parties (ICAPP) and 11th Plenary Session of International Parliament for Tolerance and Peace (IPTP), promises to unlock new cooperation opportunities between the two nations.

Trade has been a bright spot in the Vietnam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach US$20 billion.

VOV.VN - A workshop organised by the Investment Trade Promotion Centre (ITPC) got underway in Ho Chi Minh City on June 7 seeking measures to increase Vietnamese investment into Cambodia.

The Government has issued Decree 5/2024/ND-CP on special preferential import tariffs for Cambodian goods as part of the implementation of the Vietnam-Cambodia trade promotion agreement for the 2023-2024 period.

VOV.VN - Vietnam and Cambodia will work closely together to raise their two-way trade turnover to US$20 billion and complete land border demarcation and marker planting in the coming years.

A conference on bolstering trade cooperation between Vietnam and Cambodia in 2023 opened in Phnom Penh on October 26, within the framework of the ongoing Vietnam-Cambodia Defence, Economic Production Exhibition 2023 (VIDEX 2023).