Viet Nam, Cambodia target US20 bn bilateral trade target

Cambodia and Viet Nam have signed six bilateral cooperation agreements at the Peace Palace in Phnom Penh to deepen ties and reaffirm their shared goal of reaching $20 billion in bilateral trade.

The leaders emphasized accelerating regional connectivity, including progress on the Phnom Penh–Bavet–Ho Chi Minh City–Moc Bai Expressway and upgrading international border checkpoints. Viet Nam remains Cambodia's largest trading partner within ASEAN, with around 223 active investment projects in Cambodia valued at roughly $3.4 billion.