Cross-border trade between Vietnam and Cambodia through 16 border gates in the southern province of Tay Ninh hit 650 million USD in the first seven months of this year, according to the provincial Department of Industry and Trade.
Cross-border trade between Vietnam and Cambodia through 16border gates in the southern province of Tay Ninh hit 650 millionUSD in the first seven months of this year, according to the provincialDepartment of Industry and Trade.
Of the total, Vietnam ’s export value reached 350 million USD while imports stood at 300 million USD.
Main exports included instant noodle, plastic products, detergent,batteries, cooking oil, cosmetics, construction materials, pigs andchickens, while major import items were cassava, soybean, buffaloes,cows and material cashew nuts.
Notably, in the lastseven months, Vietnam bought from Cambodia 25,000 buffaloes andcows, as well as 50,000 tonnes of fresh cassava, said the department.
Meanwhile, total trade in the period at 20 markets in16 border communes was estimated at about 200 billion VND (more than 9.5million USD).
In order to create favourablecondition for border trade activities, the province has invested inupgrading the road and bridge at the Tan Nam (Tay Ninh)-Mean Cheay (PreyVeng, Cambodia ) border gate pair.
The provinceis also drafting a 1 trillion VND (47 million USD) project to build andupgrade road systems leading to auxiliary border gates in a bid to boostborder trade.-VNA
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