Cambodia’s long-serving political figure Hun Sen says he is confident that trade between Cambodia and Vietnam could reach 20 billion dollars in the near future, pointing to growing economic links and expanding cross-border infrastructure.
In a Facebook post after meeting Vietnamese Deputy Prime Minister Bui Thanh Son, Hun Sen said the two countries plan to inaugurate the Mien Chay international border gate in early December. He described the project as a positive sign for cross-border travel, trade, and the movement of goods, adding that it could help strengthen cooperation across a range of sectors.
Hun Sen also expressed full support for Vietnam’s call to maintain peace and security along the shared border. He said both sides hope to see the frontier become an area of stability that allows communities on either side to improve their living conditions.
During talks with Vietnamese Communist Party General Secretary To Lam on August 14, 2025, Hun Sen agreed to push ahead with the 20 billion dollar trade target. He said the goal reflected both countries’ ambitions to deepen economic ties and sustain long-term growth.
Figures from Cambodia’s General Department of Customs and Excise show that bilateral trade reached more than 6.05 billion dollars in the first nine months of 2025. Cambodia exported nearly 2.94 billion dollars worth of goods to Vietnam, while imports from Vietnam totaled just over 3.11 billion dollars.
At a Vietnam-Cambodia business forum held on October 11, 2025, National Assembly Vice President and Vietnam-Cambodia Friendship Association President Nguyen Thi Thanh said Cambodia remains an attractive destination for Vietnamese investors. She noted that more than 200 Vietnamese investment projects are currently active in the country.
Nguyen Thi Thanh added that Cambodia is a strategic location within Vietnam’s overseas investment plans, particularly in sectors such as green economy, renewable energy, agriculture, technology, tourism, and trade.
Vietnam’s ambassador to Cambodia, Nguyen Minh Vu, said in June 2025 that Vietnam now has 215 registered investment projects in Cambodia with a combined value of nearly 2.94 billion dollars.
