Phu Tho, Thailand boost investment cooperation, business connectivity

Thai Ambassador Urawadee Sriphiromya praised Phu Tho’s development orientations, stating that stronger partnerships in investment, trade, tourism, and people-to-people exchanges are highly feasible.

The meeting between the delegation from the Thai Embassy in Vietnam and the Phu Tho provincial People's Committee on March 16. (Photo: baophutho.vn)
The meeting between the delegation from the Thai Embassy in Vietnam and the Phu Tho provincial People's Committee on March 16. (Photo: baophutho.vn)

Phu Tho (VNA) – A delegation from the Thai Embassy in Vietnam led by Ambassador Urawadee Sriphiromya paid a working visit to Phu Tho and attended a seminar exploring investment opportunities in the northern province on March 16.

The event was chaired by Chairman of the provincial People’s Committee Tran Duy Dong, with participation from representatives of Vietnam’s Ministry of Foreign Affairs, local departments, the provincial business association, and Thai enterprises operating in the locality.

Welcoming the delegation, Dong highlighted the significance of the visit as Vietnam and Thailand celebrate the 50th anniversary of diplomatic ties. He noted that Phu Tho is entering a new development phase following administrative boundary adjustments, creating fresh opportunities to attract investment.

He highlighted the province’s advantages in geographical location, workforce, and industrial infrastructure, affirming that industry is a key driver of its socio-economic development. Phu Tho is currently home to 15 Thai-invested projects with total registered capital exceeding 400 million USD, mainly in industrial park infrastructure and construction materials production.

The province is pressing on with improving its business and investment climate, accelerating administrative reforms, and developing comprehensive industrial infrastructure. It is prioritising investment in trade and services, tourism, supporting industries for automobile and motorbike manufacturing, as well as ecological and smart agriculture linked to retail supply chains.

In addition to industry, Phu Tho boasts strong tourism potential, with a rich system of historical and cultural relics, along with eco-tourism and resort destinations. These advantages provide a solid cornerstone for expanding tourism cooperation, cultural exchanges, and connectivity between localities, businesses, and people of the two sides, the official noted.

Ambassador Urawadee Sriphiromya praised the province’s development orientations, stating that stronger partnerships in investment, trade, tourism, and people-to-people exchanges are highly feasible. She affirmed that the embassy will continue serving as a bridge to encourage Thai enterprises to explore and expand investment in Phu Tho.

On this occasion, the Thai Embassy proposed organising the “Thai Connect – Connecting Thailand in Phu Tho 2026” event on May 27–28 under the theme “Smart cities as drivers for economic growth and sustainable development”. The event is expected to feature trade booths, investment promotion activities, and panel discussions on renewable energy, health care, and environmental protection.

The same day, Secretary of the provincial Party Committee Pham Dai Duong received the Thai ambassador, with both sides discussing orientations for cooperation in industrial park infrastructure investment, supporting industries, agricultural exports, human resources training, and tourism development.

Local leaders expressed confidence that through upcoming initiatives, including the Thai Connect event, relations between Phu Tho and Thai partners will be further strengthened, contributing to the Vietnam – Thailand Strategic Partnership./.

VNA

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