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In her opening remarks, Le Thi Thu Cling, Assistant to the Overseas Minister and Director of the Overseas Ministry’s Press – Data Division, stated Thailand is the most important buying and selling accomplice of Vietnam in ASEAN and likewise the most important export market of Vietnam on this bloc. It ranks ninth amongst overseas buyers in Vietnam, which in flip is the second largest buying and selling accomplice of Thailand in ASEAN.
The 2 international locations have dynamic economies and share similarities in consumption habits, services and products, so that they nonetheless have a lot room for additional selling bilateral commerce and cooperation in different areas resembling vitality, logistics, finance, agriculture and funding.
Moreover, she famous, the function, stature and status of the Vietnamese group in Thailand have been rising. The dimensions and variety of their enterprises and enterprise institutions, in addition to the industries they’re working in, are additionally rising. The group has contributed to not solely the homeland but additionally the host nation, thereby serving as a friendship bridge between Vietnam and Thailand.
Affirming the significance that the Get together and State connect to OVs, Cling expressed her hope that the OV entrepreneurs in Thailand will think about increasing the distribution of Vietnamese items there and assist appeal to high quality funding from Thailand to the homeland.
Vietnamese Ambassador to Thailand Phan Chi Thanh stated there are about 1,000 companies of OVs, primarily small and medium-sized corporations, working in lots of sectors in Thailand. Lots of them have gained successes, and a few have expanded operations to different international locations, together with Vietnam.
The international locations’ leaders focused bilateral commerce at 25 billion USD by 2025, from 19.5 billion USD in 2021. The determine stood at 5 billion USD in 2022. Due to this fact, there stays large room for funding and commerce ties, and the goal is achievable if locality-to-locality and business-to-business connections are promoted, he stated.
On the discussion board, the Vietnam Affiliation of Small and Medium Enterprises and the Thai – Vietnamese Entrepreneurs Affiliation signed a cooperation settlement. About 20 cooperation offers had been additionally inked by the 2 sides’ companies in numerous industries, together with garment, tourism – hospitality, and high-tech agriculture.
From July 3 to 10, the State Committee for Abroad Vietnamese coordinated with the Vietnamese Embassy in Thailand to organise a programme connecting OV entrepreneurs in Thailand with 5 localities, specifically Da Nang, Quang Nam, Kien Giang, Ho Chi Minh Metropolis and Bac Giang.
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