At the workshop (SourcE: VNA) Bangkok (VNA) – Investment opportunities and potential of Vietnam's central coast were introduced to Thai investors at a workshop held in Bangkok on October 6.
The event was jointly held by the Embassy of Vietnam inThailand and the Board of Investment of Thailand (BOI), with representatives from theThailand-Vietnam Business Council, the Federation of Thai Industries, researchinstitutes and 200 local enterprises in attendance.
Opening the workshop, Vietnamese Ambassador Nguyen HaiBang highlighted the good relations between Vietnam and Thailand, paving theway for business partnership between the two countries’ companies. Cooperation intrade and investment has also deepened the bilateral strategicpartnership, he said.
Thailand is among top 10 largest foreign investors inVietnam, pouring over 8.4 billion USD into nearly 500 projects mostly in northernand southern Vietnam, he noted.
Central Vietnam that hasgreatly benefited from the government’s policies for foreign investmentattraction. Central Vietnam has advantages of transport connectivity and logisticsservices between the region and Thailand’s Eastern Economic Corridor, theambassador said.
Delegates presented the latest investmenttrends and their effects on economic activities in Vietnam and Thailand. Theevent also included a dialogue session in which authorities from Vietnam andThailand answered inquiries from businesses from the two sides regardinginvestment incentives and legal procedures.
BOI Vice Secretary General Chokdee Keawsang revealed thatthe BOI will open a representative office in Hanoi next year to supportThai investors in Vietnam.
Vietnam-Thailand cooperation in economics, trade andinvestment have made significant progress since the two nations establisheddiplomatic ties in 1976. At the present, Thailand’s investment in Vietnammainly focuses on manufacturing and processing (7.14 billion USD in 212projects), infrastructure (397 million USD in seven projects) and agriculture (277million USD in 30 projects).-VNA
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