ID :
336868
Fri, 08/01/2014 - 09:14
Auther :

Vietnam: Tay Ninh sees booming border trade with Cambodia

Tay Ninh, August 1 (VNA) – 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. 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 and chickens, while major import items were cassava, soybean, buffaloes, cows and material cashew nuts. Notably, in the last seven months, Vietnam bought from Cambodia 25,000 buffaloes and cows, as well as 50,000 tonnes of fresh cassava, said the department. Meanwhile, total trade in the period at 20 markets in 16 border communes was estimated at about 200 billion VND (more than 9.5 million USD). In order to create favourable condition for border trade activities, the province has invested in upgrading the road and bridge at the Tan Nam (Tay Ninh)-Mean Cheay (Prey Veng, Cambodia) border gate pair. The province is also drafting a 1 trillion VND (47 million USD) project to build and upgrade road systems leading to auxiliary border gates in a bid to boost border trade.-VNA

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