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