Wednesday, September 2, 2009

Deepwater port in VN boosts traffic through Phnom Penh


Exports through Phnom Penh Autonomous Port rose by nearly a quarter in August as traders turned to new shipping facility
The Phnom Penh Autonomous Port is starting to see the benefits from the launch of the Cai Mep deepwater port in southern Vietnam, with outbound cargo increasing 22.65 percent in August compared with the same month a year earlier.
The gain follows a 0.84 percent increase in exports through the port in July, which in turn followed declining trade volumes across the first six months of the year.
Port General Director Eang Veng Sun said the improved fortunes were due to the new deepwater port in southern Vietnam's Ba Ria Vung Tau province. Click to read more...

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