Deputy Minister of Industry and Trade Do Thang Hai speaks at the event (Source: VNA) Hanoi (VNA) – The Ministry of Industry and Trade (MoIT)and the Thai Ministry of Commerce jointly organised a workshop to promote tradeand investment cooperation between Vietnam and Thailand in Hanoi on May 23.
Addressing the event, Deputy Minister of Industry and TradeDo Thang Hai said the event takes place when member nations of the ASEANEconomic Community (AEC) are accelerating the realisation of commitments towardsa single market and production base, a competitive economic region, equitableeconomic development, and integration into the global economy.
Hai suggested the two sides organise more trade andinvestment promotion activities and encourage more Thai investment in Vietnamwhile assisting Vietnamese firms in entering the Thai market, thus contributingto the trade balance.
With the determination of the two Governments and proactiveinvolvement of the nations’ enterprises, Vietnam and Thailand will see strongereconomic cooperation, with two-way trade to reach 20 billion USD by 2020, Haisaid.
For his part, Thai Deputy Minister of Commerce WinichaiChaemchaeng spoke highly of the assistance the MoIT has provided for the two countries’enterprises to promote trade and investment cooperation.
He underlined the huge trading potential between the two neighboursthanks to their favourable transport conditions and policies on goodsexchanges.
The Thai official expressed his belief that the cooperationbetween Vietnam and Thailand will contribute significantly to the solidarityand cooperation in ASEAN.
During the workshop, the Investment Promotion Centre forIndustry and Trade under the MoIT’s Trade Promotion Agency (VIETRADE) and theThai Kasikorn Bank signed a cooperation agreement to help the two nations’firms.-VNA
VNA
