In 2013, bilateral trade reached USD 1.25 billion, up by 27%, as compared to 2012, according to Vietnam News Agency (VNA), cited by bernama.com.
The figure hit USD 888 million during H1 2014, an increase of more than 33%. It is expected to reach USD 1.5 billion by the end of 2014, and USD 2 billion by 2015.
The ministers have said the 2 governments need to devise more incentives and invest in the development of joint border markets.
Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts and figures, preferred payment methods, risk and fraud, as well as ecommerce legislation and regulation for mature and emerging markets.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.