Thai products fair promote trade links with Vietnam
(VOV) - Thai businesses are showcasing a wide variety of high quality products at a trade fair being held in Hanoi from August 13-18.
Featured items include beverage, food, home utensils, clothing, jewelry cosmetics, health-care and beauty products, automobile components, decorative items, souvenirs, and electronic equipment.
Throughout the fair, there will be dance performances to help introduce Thai traditional culture to Vietnamese people.
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Thai Ambassador to Vietnam Panyarak Poolthup said after 14 successful fairs in Hanoi, Thai businesses have realised the great potential of Vietnam. The 15th fair marks a new chapter in economic relations between the two countries with the hopes of reaching US$20 billion by 2020.
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According to Deputy Minister of Industry and Trade Do Thang Hai, total trade volume between between Vietnam and Thailand increased from US$1 billion in 2000 to US$10.6 billion in 2014. It already hit US$5.4 billion for the first half of this year, alone.
Both nations signed an agreement establishing trade ties in 2013 towards the goal for US$20 billion in two-way trade turnover by 2020.
Impressive figures along with a series of underway cooperative prorgammes demonstrate the economic relations between the two countries are flourishing, Hai concluded.