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Vietnamese-made goods gain foothold

Sales of Vietnamese goods in Cambodian market, especially household utensils and processed food, have been robust in the past several months.
Sales of Vietnamese goods in Cambodian market, especially householdutensils and processed food, have been robust in the past severalmonths.

So Naren, who represents Vietnamese enterprises in Cambodia , said these items held a rather large market share.

Plastic household utensils, for instance, have surpassed similar Thai goods to account for 80 percent of the market share.

Duy Tan Plastic Co Ltd, which officially opened its distribution systemin Cambodia more than three years ago, reported a sharp increase insales.

It has expanded its distribution system to all of Cambodia 's cities and provinces.

Currently, Cambodia has become one of the country's key plastic export markets after Japan , the US and Germany .

At Satra supermarket in Phnom Penh , invested in by the Sai GonTrading Corporation, fish sauce, soya milk, soya sauce and coffee soldout after two weeks of opening.

Tran Thanh Nam , deputydirector of the Sai Gon Trading Corporation, said the company wouldincrease transportation of Vietnamese goods to the supermarket to meetconsumption demand.

"Vietnamese products' price, design and quality attract Cambodian customers", So Naren said.

Other Vietnamese sectors, following the success of processed food andhousehold items, were expected to penetrate the market, So Naren said.

In addition, Cambodia was fostering agricultural production, offering a huge opportunity for Vietnamese fertiliser makers.

Vietnamese enterprises entered the Cambodian market later than their counterparts from Thailand and China .

However, with efforts of both countries, bilateral trade increased from950 million USD in 2006 to 1.65 billion USD in 2008 and more than 1.83billion USD last year.
Vietnam enjoys a trade surplus with Cambodia , earning 1.55 billion USD in exports last year./.

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