Cambodia Logs Rise in Exports in JanuaryVibe Fest kicks off in Binh Thuan province

Cambodia’s exports topped US$1,967 million in the first month of this year, an increase of 27 percent compared to the same period last year, pointed out a report of the General Department of Customs and Excise on Monday.

Cambodia’s exports to the U.S. rose by 11 percent to US$626 million in January, from US$562 million in the same period last year, followed by Vietnam and China with US$373 million and US$121 million, respectively, underlined the source.

The main items Cambodia exported included garment, footwear, travel goods, bicycles, and a number of agricultural products such as rice, rubber, cassava, bananas, mangos and longans.

The garment, footwear and travel goods industry is the largest foreign exchange earner for Cambodia. The sector consists of roughly 1,133 factories and branches, employing approximately 840,000 workers, mostly female.

H.E. Penn Sovicheat, Secretary of State and Spokesperson at the Ministry of Commerce, said the trade agreements had given an impetus to promoting Cambodia-made
products to gain momentum across foreign markets.

‘The trade agreements have contributed not only to boosting of exports of made-in-Cambodia products but also brought new investments to the country, contributing to its economic development,’ he stressed.

At the same time, Cambodia’s total imports rose by 8.7 percent to US$2,090 million, read the report.

The country primarily imported raw and construction materials, automobiles, pharmaceuticals, electronic equipment, fertilizers and pesticides.

Source: Agence Kampuchea Presse

A six-day spring festival officially opened at NovaWorld Phan Thiet tourism and entertainment economic city in the south central province of Binh Thuan on February 12 (the 3rd day of the first lunar month), expected to attract more visitors to the province.

Speaking at the opening ceremony, Chairman of the Phan Thiet city People’s Committee Phan Nguyen Hoang Tan stressed that the Vibe Fest, featuring an array of stellar art programmes and fascinating entertainment activities, marks the start of a series of large-scale tourism events that Binh Thuan will hold in 2024 to realise it set target of 9.5 million tourist arrivals this year.

Meanwhile, Dennis Ng Tech Yow, General Director of Novaland Group – the developer of NovaWorld Phan Thiet, said that the group stands ready to join hands with the Vietnam National Authority of Tourism and localities to organise tourism promotion activities.

NovaWorld Phan Thiet, with various novel and modern amenities already or to be put into operation, is hoped to not only t
urn tourism into an economic spearhead in Binh Thuan but also help put Vietnam in the group of 30 countries with leading competitive tourism capacity in the world, he said.

A kaleidoscope of activities are organised within the Vibe Fest, including Hip-hop, Rap and dance shows, folk and modern games for both individuals and groups, and music and circus festivals.

Besides, a food festival is arranged at the Miami night fair with more than 100 stalls displaying regional staples and cuisines.

Visitors also have many opportunities to have an exchange with renowned artisans and calligraphers. /.

Source: Vietnam News Agency

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