Thailand expands FTAs to boost global competitiveness
Thailand is intensifying efforts to expand its Free Trade Agreements (FTAs) as a core strategy to boost economic growth and enhance its competitiveness in global markets.
Thailand is intensifying efforts to expand its Free Trade Agreements (FTAs) as a core strategy to boost economic growth and enhance its competitiveness in global markets.
To increase values and foster sustainable export, Vietnam’s manufacturing and processing industries are being urged to adopt more advanced and professional practices. This includes embracing cutting-edge technologies to optimise efficiency, reduce waste, and meet the rigorous demands of global markets.
The IMD World Competitiveness Center's 2024 ranking has elevated Thailand to 25th out of 67 economies, a rise from 30th place last year. The advancement places Thailand as the second most competitive country in ASEAN, just ahead of Malaysia.