Infrastructure linkage toward US$20 billion export target
The conference was jointly organized by Vietnam’s Ministry of Industry and Trade (MoIT), the Tay Ninh provincial People’s Committee, and Cambodia’s Ministry of Commerce.

According to Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang, the event was held amid fast-growing trade relations between Vietnam and Cambodia, particularly in border areas. In 2024, two-way trade reached US$10.1 billion, up 17.5%.

By the end of the first months of 2025, two-way trade had already surpassed US$7 billion, with Vietnam recording an increasing trade deficit with Cambodia. This underscores the urgent need to improve infrastructure, strengthen logistics capacity, and boost supply chain connectivity to seize market opportunities.

Thang emphasized Cambodia’s strategic role in Vietnam’s trade. With a border of more than 1,100 km and 50 border gates, the two countries enjoy significant advantages in trade and sub-Mekong regional connectivity.

Bilateral agreements such as the 2019 MoU on border infrastructure development, the 2024 Border Trade Agreement, and the 2025-2026 bilateral trade promotion plan have helped shorten customs clearance time and develop border markets, warehouses, and logistics services.

To achieve the goal of US$20 billion in two-way trade by 2030, Thang called for joint efforts in developing border trade infrastructure linked with logistics, strengthening inter-regional and cross-sectoral ties, adopting smart border gate models, and boosting trade in agricultural, forestry, and fishery products. With close coordination, cross-border logistics costs could be cut by 10-15% by 2030.

Growth hub and Trans-Asian logistics base
From a local perspective, Nguyen Hong Thanh, Vice Chairman of the Tay Ninh provincial People’s Committee, said trade between Tay Ninh and Cambodian provinces has grown more vibrant, with import-export turnover in 2025 exceeding US$2 billion, up 17% year-on-year.

Key exports include garments and textiles, footwear, and machinery, while imports mainly consist of raw materials and agricultural products such as cashew nuts and rubber.

Following its restructuring, Tay Ninh has emerged as a new growth hub, ranking among the country’s top 10 provinces with the largest economic scale.

With more than 46 industrial parks, 50 industrial clusters, and 14 planned logistics centers, alongside transport infrastructure linking expressways and seaports, Tay Ninh is ready to serve as a “logistics base” for Vietnam-Cambodia cooperation.

Thanh stressed that Tay Ninh pledges to provide the best possible conditions in terms of infrastructure, land, resources, and investment environment, while enabling businesses to operate with long-term confidence. The province believes more cooperation opportunities will soon open up as a contribution to stronger Vietnam–Cambodia trade relations.

From MoIT’s strategic vision to Tay Ninh’s practical commitments, Vietnam–Cambodia logistics cooperation is charting a sustainable course.

The US$20 billion bilateral trade target is more than a number as it shows stronger connectivity, lower costs, enhanced competitiveness, and the growing role of the Trans-Asian economic corridor as a new growth driver in regional development.

Vietnam-Cambodia business networking conference strengthens strategic cooperation

VOV.VN - The Ministry of Industry and Trade of Vietnam, in coordination with Cambodia’s Ministry of Commerce, co-organized the Vietnam-Cambodia Business Networking Conference, bringing together more than 200 delegates from management agencies, industry associations, and the business communities of both countries in Phnom Penh on August 28.