Cambodia and Vietnam Target $20B in Cross-Border Trade

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Cambodia and Vietnam Target $20B in Cross-Border Trade
Cambodia, Vietnam Reaffirm Push for $20B Trade Target./Image credit: Ministry of Commerce.

AKP Phnom Penh, January 13, 2026

Cambodia and Vietnam have pledged to further accelerate economic cooperation, aiming to hit a bilateral trade volume of USD 20 billion following a steady upward trend in cross-border commerce.

Increased cooperation and economic connectivity between neighbouring nations facilitate rapid development. This is evidenced by Cambodia and Vietnam's commitment to a USD 20 billion trade goal, signalling Cambodia’s transition into a strategic industrial base for the Southeast Asian region.

The commitment was reinforced during a high-level meeting on January 13, 2026, between the Cambodian Minister of Commerce, H.E. Cham Nimul, and Vietnamese Deputy Minister of Foreign Affairs, H.E. Nguyen Manh Cuong, at the Ministry of Commerce in Phnom Penh.

Both sides noted the significant growth in bilateral trade figures over recent years and discussed strategies to sustain this momentum.

The two officials emphasised the importance of achieving the USD 20 billion trade target previously set by the top leadership of both nations.

Vietnam remains one of Cambodia’s largest trading partners within ASEAN.