Business

Thailand Week hoped to spur business links with Vietnam

A Mini Thailand Week was opened in the Mekong Delta city of Can Tho on July 22, providing a platform for Vietnamese and Thai businesses to seek partnerships and form supply and value chains.
Thailand Week hoped to spur business links with Vietnam ảnh 1Delegates cut the ribbon to open the event (Photo: VNA)

Can Tho (VNA) – A Mini Thailand Week was opened in the Mekong Delta city of Can Tho on July 22, providing a platform for Vietnamese and Thai businesses to seek partnerships and form supply and value chains.

The event, lasting through to July 24, features more than 120 booths of 88 companies showcasing agricultural machinery, fertiliser, automobile and motorcycle spare parts, beverages, household appliances, cosmetics, and tourism and educational services.

Visitors can also learn more about Thailand’s culture by enjoying its traditional cuisine and films.

Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam said the event is one of the joint activities to mark the 40th anniversary of the two countries’ diplomatic ties this year and to promote bilateral trade to reach the 20-billion-USD target by 2020.

Meanwhile, Patini Samanvoranong, Director of the trade office at the Thai Consulate General in Ho Chi Minh City, highly valued bilateral cooperation between the two sides, noting that the targeted 20-milion-USD trade revenue by 2020 is completely feasible.

Thailand is currently the top ASEAN trade partner of Vietnam and also among the 10 biggest foreign investors here.

Can Tho is housing five Thai-invested projects with a total registered capital of nearly 41.33 million USD. They are involved in processing aquatic and agricultural products and manufacturing cartons.

In 2015, the city earned 22.5 million USD from exports to Thailand with such key goods as rice, aquatic products and garments. It imported 12 million USD worth of commodities from the country, including medicinal materials, fertiliser, chemicals, fabric and aquatic materials.-VNA

VNA
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