Bilateral trade and investment cooperation between Cambodia and Vietnam is expected to show even greater positivity, as the Cambodia Chamber of Commerce (CCC) and the Vietnam-Cambodia Business Association plan to sign a memorandum of understanding (MoU) this week.

Trade relations between Cambodia and Vietnam have steadily increased, especially over the past 4–5 years. In the first half of 2025, the total value of goods exchanged between the two neighbouring countries reached $4.34 billion, an increase of 7.2% compared to the first half of 2024. Cambodia’s exports to Vietnam amounted to $2.19 billion, up 8.2%, while imports were $2.15 billion, up 6.3%.

Vietnam is Cambodia’s third-largest trading partner, after China and the US, according to data from the General Department of Customs and Excise (GDCE).

A July 14 CCC press release shared that Kith Meng, CCC president and Chair of the ASEAN Business Advisory Council-Cambodia, will lead a high-level business delegation to Ho Chi Minh, Vietnam on July 14-16, with the goal of strengthening economic ties, promoting bilateral trade and investment, and seeking broader market access for Cambodian products.

The CCC explained that the visit will foster connections and maximise engagement between the private sectors of the two nations. A Vietnam-Cambodia Business Networking Conference will also be held, with expected participation from numerous entrepreneurs and investors from both countries. This conference will serve as a crucial platform to facilitate discussions on potential partnerships, joint investments and market development opportunities.

“During the conference, an MoU will also be signed between the Cambodia Chamber of Commerce and the Vietnam-Cambodia Business Association. The MoU aims to officially strengthen cooperation between the two institutions and promote bilateral trade and investment facilitation,” it said.

According to the CCC, the mission will include business matching sessions, offering Cambodian delegates valuable opportunities to connect with Vietnamese companies. In addition, the CCC delegation will visit several Vietnamese enterprises to gain firsthand insight into operations, technology and potential collaboration sectors.

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Reporter: Hin Pisei

Publication date: 14 July 2025

Source: The Phnom Penh Post