A group of businesses from northeastern Thailand met with local authorities and enterprises in the central province of Quang Tri on November 17 to seek investment opportunities.

During the meeting, the Thai group was given up-to-date information on a number of issues they showed interest in, including silk trade from Vietnam to Thailand, the process of establishing a representative office, provincial investment procedures, and local regulations on traffic and labour, according to Chief of the Secretariat of Udon Thani province, Surasac Kasemsu.

Director of the provincial Foreign Affairs Department Hoang Dang Mai said the province, as a gateway to the East-West Economic Corridor (EWEC), had been focussing on infrastructure development as well as establishing cooperation ties and promoting trade, tourism and cultural exchanges within the region in recent years.

He also pledged to facilitate trade and consumption of Thai commodities.

Thai businesses have invested in Vietnam in a number of projects, including the Camel Rubber Factory and Superhorse Drinks.

Mai suggested the two localities’ business circles boost trade and bilateral cooperation in the fields of agricultural and forestry processing, commercial infrastructure development, tourism, logistics and services along the EWEC route.

Additionally, the Thai side should actively engage with trade fairs and exhibitions in order to research Vietnam’s business environment and seek partnership opportunities, he added.-VNA