Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Viet Nam-Cambodia trade value up 21.9% in nine months
Viet Nam is among Cambodia's three largest trading partners, with bilateral trade turnover reaching US$5.8 billion over the first nine months of this year, a year-on-year increase of 21.9 percent.
 |
| Illustrative image |
In the reviewed period, Viet Nam accounted for 13.8 percent of Cambodia's export market share and enjoyed a trade surplus of 3.1 billion with Cambodia.
Cambodia mainly imported garment and textile products, construction materials, petroleum, plastic products and fertilizers from Viet Nam.
Meanwhile, data from the Vietnamese Ministry of Industry and Trade's Asia-Africa Market Department showed that two-way trade grew by an average of 18.5 percent annually between 2010 and 2015, and 17 percent per year between 2016 and 2020, reaching US$5.31 billion in 2020 from US$2.92 billion in 2016.
The year 2022 saw a significant jump of 11 percent to US$10.57 billion in trade value.
Trade has been a bright spot in the Viet Nam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach US$20 billion in the upcoming time./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
