The Thai Ministry of Commerce has signed a memorandum of understanding (MoU) to promote transboundary online trade among Thailand’s small enterprises. The initiative aims to add at least 300 million THB to the economy within 3 years.
A trade fair for Thai products called Mini Thailand Week 2021 was launched at the Hai Phong International Exhibition Centre in the northern city of Hai Phong on April 8, with 60 booths.
A Vietnam-Thailand Online Business Matching event was held in Hanoi on January 7 to connect Vietnamese and Thai companies in light of the COVID-19 pandemic.
Mini Thailand Week has returned to the northern port city of Hai Phong this year, starting on June 25 and aiming to restore trade between the two countries following COVID-19.
The United States suspended tariff privileges under the Generalised System of Preferences (GSP) on 573 Thai products from April 25 as originally scheduled.
Thailand’s International Economic Policy Committee has held a meeting to consider the pros and cons of Thailand joining the Comprehensive and Progressive Agreement for a Trans-Pacific Partnership (CPTPP), as well as gathering public input.
Cross-border e-commerce whets the appetite of millions of Chinese consumers for Thailand’s fresh fruits, including “Monthong” durian, which is not easy to find in the Chinese market when cross-border e-commerce didn’t rise between China and Thailand, according to an article run by Xinhua news agency.
The US has suspended duty-free treatment of certain Thai products amid the two countries’ tension on Thailand’s ban of three toxic agricultural chemicals.
Free Trade Agreements (FTAs) between Thailand and 17 partner countries have helped international trade value in the first half of this year to reach 140 billion USD, with ASEAN remaining the top trading partner.
A total of 150 Vietnamese businesses and 250 others from Thailand are displaying their products at an exhibition that opened in the Mekong Delta province of An Giang on May 31.
The Thai Ministry of Commerce is promoting the export of the country's products to secondary cities in foreign countries, such as Wakayama in Japan from which key companies are invited to attend the THAIFEX - World of Food Asia event for business negotiations.
The Minister of Commerce has invited delegates from a major shopping mall in Okinawa, Japan, for business negotiations in Thailand to promote the sale of Thailand’s innovative farm products in Japan.
A delegation of 30 Vietnamese enterprises, mostly from Ho Chi Minh City and southern provinces, attended the recent Thaifex, the leading food, beverage and food technology in Thailand, to introduce outstanding farm produce of Vietnam in the market at a hope to export more products to the country.
Vietnam and Thailand are striving to increase bilateral trade to 20 billion USD in 2020, as heard a business connectivity conference in Ho Chi Minh City on September 29.
Vietnam’s trade deficit with Thailand stood at nearly 3 billion USD in the first seven months, up nearly 25 percent over the past year, as it imported more than 5.6 billion USD worth of goods from Thailand and exported only 2.6 billion USD of goods to the country, according to the General Department of Vietnam Customs.
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