Home / Knowledge / News / Textiles / Club to enhance bilateral trade with Vietnam

Club to enhance bilateral trade with Vietnam

21
Oct '08
Vietnam and Cambodia are neighbours sharing a common border extending to 1,137 kms. Now in order to further strength the relationship, a club has been formed between the two countries.

The club which is an offshoot of the Vietnam-Cambodia Friendship Association is expected to provide enterprises in both the countries, information on existing investment policies and opportunities in both the countries.

Bilateral relations between Cambodia and Vietnam were long strained due to the Cambodian-Vietnamese war. But now both nations have since taken steps to establish friendly ties.

Since the 1990s, relations between both nations have begun to improve. Both Vietnam and Cambodia are members of multilateral regional organizations such as ASEAN and the Mekong - Ganga Cooperation.

Both nations have opened and developed cross-border trade and sought to relax visa regulations to that end. Both governments have set official targets of increasing bilateral trade by 27% to US $2.3 billion by 2010 and to USD 6.5 billion by 2015.

Vietnam exported $ 1.2 billion worth of goods to Cambodia in 2007. While Cambodia is the 16th largest importer of Vietnamese goods, Vietnam is Cambodia's third-largest export market.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

Italy clears stimulus package to help pandemic-hit economy

Italy recently approved a new stimulus package in its 2021 budget to...

Pic: Shutterstock

Retail | On 20th Oct 2020

US retail sales growth speeds up, Sept 4th month of gains

A strong rebound in apparel led a continuing V-shaped recovery as...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Interviews View All

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search