Thailand sees positive export growth despite strong baht

Thailand’s exports in June enjoyed sustained growth of 11.7 percent year on year, despite its currency baht remained strong, according to the country’s Ministry of Commerce.
Thailand sees positive export growth despite strong baht ảnh 1Illustrative image (Source: Financial Tribune)
 
Bangkok (VNA) – Thailand’s exports in Juneenjoyed sustained growth of 11.7 percent year on year, despite its currency bahtremained strong, according to the country’s Ministry of Commerce.

The latest report released by the ministry on July 25shows that it was the second consecutive month the Thai exports had posted apositive growth which amounted to 20.3 billion USD, leading to a trade surplusof 1.9 billion USD.

The May exports rose by 13.2 percent after the Bahtpicked up 6.1 percent, the country’s record high in the last 26 months and theAsia’s second highest, following the Republic of Korea’s won.

Thailand’s key importers in June included Japan, Chinaand ASEAN countries like Cambodia, Laos, Myanmar and Vietnam who mostlypurchased rubber, sugar, fresh and canned fruits, frozen or processed poultry,computers, plastic and chemicals.
The exports to Japan, the US and the EU saw notable increasesof 26.5 percent, 8.2 percent and 5.9 percent, respectively.

The country’s export turnover expanded by 7.8 percent to114 billion USD during the first half of 2017 while the imports gained 15percent to 107 billion USD.

The ministry forecast that this year’s exports will beable to meet the 5 percent growth target, compared to last year’ 0.5percent.-VNA
VNA

See more

Deputy for tourism and infrastructure development at the Ministry of Tourism Hariyanto. (Photo: ANTARA)

Indonesia boosts culinary tourism

To promote Indonesian culinary tourism, the Indonesian Ministry of Tourism is currently focusing on culinary products to ensure that tourism products can move up a class. It is also paying attention to wellness tourism, gastronomy, marine, and fashion.

A truck arrives as another departs from Laem Chabang deep-sea port in Chon Buri province. Thai exports to the US could face higher trade barriers. (Photo: Bangkok Post)

Thai exporters risk higher US tariffs: expert

Thai exports to the US that are at risk of US trade barriers include Bluetooth modules, broadband products, solar modules, power adapters, machinery and parts, auto parts, mobile camera modules, and air conditioners.

Illustrative image (Photo: Internet)

Lao, Cambodian Parties vow to tighten ties

The 15th high-level meeting between the Lao People’s Revolutionary Party (LPRP) and the Cambodian People’s Party (CPP) took place in Vientiane, Laos on February 7.

Chinese President Xi Jinping meets with Prime Minister of Thailand Paetongtarn Shinawatra, who is on an official visit to China, at the Great Hall of the People in Beijing on February 6, 2025. (Photo: Xinhua)

Thailand, China strengthen bilateral ties

Thai Prime Minister Paetongtarn affirmed Thailand's commitment to deepening law enforcement cooperation with China and its neighbouring countries, pledging strong and decisive actions to combat cross-border crimes, including online gambling and telecom fraud.

Cambodian Senate President Samdech Techo Hun Sen begins visit to Laos. (Photo: cpp.org.kh)

Lao, Cambodian legislative bodies enhance collaboration

The two sides appreciated the strong and close collaboration between Laos and Cambodia as well as their legislative bodies, reflected through the implementation of the contents of the Memorandum of Understanding on cooperation between the two legislatures, such as all-level delegation exchanges, and experience sharing.

Chinese President Xi Jinping (right) and Brunei's Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah at their meeting in Beijing, China, on February 6, 2025. (Photo: Xinhua/VNA)

Brunei, China step up cooperation across multiple fields

Xi Jinping said China is ready to strengthen strategic connectivity with Brunei, encourage more Chinese enterprises to invest and start business in the country, and support Brunei in diversifying its economy and developing its digital economy, artificial intelligence, and new energy industries.