Top Thai Brands 2020 underway in HCM City
The Top Thai Brands 2020 expo opened at the Sai Gon Exhibition and Convention Centre in Ho Chi Minh City on September 17.
Illustrative photo (Source: VNA)HCM City (VNA) - The Top Thai Brands 2020 expo opened at the Sai Gon Exhibition and Convention Centre in Ho Chi Minh City on September 17.
The four-day expo is displaying and selling a range of quality products from Thailand, including food and beverages, household products, textiles and garments, and health and beauty products, among others. Exhibitors are also seeking partners for trade and network expansion.
Addressing the opening ceremony, Nguyen Quang Huy, Deputy Director of the Ministry of Industry and Trade’s Agency for Southern Affairs, said Vietnam and Thailand have long established a traditional friendship, particularly in investment and trade.
Their bilateral cooperation has grown fruitfully in almost all fields over recent years, he noted, adding that Vietnam considers Thailand a strategic partner in realising its sustainable development goals.
The two countries’ investment and trade promotion agencies will continue to bolster programmes facilitating transactions between business communities, he said.
According to Director of the Thai Department of International Trade Promotion (DITP)’s HCM City Office Suparporn Sookmark, Vietnam - Thailand trade has maintained growth despite COVID-19. In the first half of this year, Thailand channelled 1.58 billion USD worth of FDI into Vietnam, making it the second-largest foreign investor in the country. The two nations have set a goal of raising bilateral trade turnover to 20 billion USD this year.
She said Thailand wishes to be a trustworthy economic partner of Vietnam and is committed to boosting bilateral trade.
A similar event took place in the capital city of Hanoi in July.
Thailand is Vietnam’s largest trading partner in ASEAN, with bilateral trade exceeding 17 billion USD in 2019./.
You should also see
InfographicVietnam tops Asia-Pacific in workplace wellness
Workplace well-being is on an "upward trajectory" throughout Asia-Pacific, with Vietnam leading the region (65.09), according to a recent study by Asia's largest mental health care company Intellect.
See more
Business
Petrovietnam posts 9-billion-USD revenue in Q1
The Vietnam National Oil and Gas Group (Petrovietnam) saw total estimated revenue of 231 trillion VND (9 billion USD) from production and business activities in the first quarter of 2024, exceeding the set quarterly plan by 33% and up 19% year-on-year, head a conference held by the group recently.
Business
Forum seeks to increase PPP investment effectiveness
Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Business
Remittance inflows expected to quench real estate sector’s thirst for capital: Experts
Amid a “thirst” for capital of real estate businesses, the strong inflow of remittances is expected to heat up the market again, held insiders.
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
