Book on Vietnamese trade and investment with Thailand debuts

VOV.VN - The launching ceremony of a book detailing the enhanced strategic partnership between Vietnam and Thailand was held on January 14 in Bangkok, Thailand.

The event is part of a range of activities marking the 45th anniversary  of the establishment of diplomatic relations between the two countries.

The publication was released following collaboration between the Vietnam Trade Office in Thailand and the Thai-Vietnamese Business Council.

Upon addressing the event, Sanan Angubolkul, chairman of the Thai - Vietnamese Business Council, stated that the neighbouring country has become the largest Vietnamese partner in ASEAN.

He went on to express his belief that both sides will continue to improve the effectiveness of the partnership and elevate bilateral relations to greater heights in the future.

At the ceremony, Vietnamese Ambassador to Thailand Phan Chi Thanh highlighted the two countries’ numerous achievements on the three main pillars of politics-security, economics, and culture-society. 

He said Thailand makes up the nation’s largest trading partner in ASEAN and is the ninth largest foreign investor in the Vietnamese market, while the country is also Thailand's fifth largest trading partner in the world.

Both countries are also members of several international trade agreements, such as the Regional Comprehensive Economic Partnership (RCEP), the ASEAN Trade in Goods Agreement (ATIGA), and the ASEAN Free Trade Area (AFTA).

These solid foundations have helped businesses of both sides explore greater trade and investment opportunities in the future, thereby contributing to achieving the goal of elevating two-way trade turnover to US$25 billion by 2025.

The book depicts some of the important co-operation milestones, especially in the economic field between both sides over the past 45 years, guidelines on investment, the successful story of businesses, as well as a list of potential Vietnamese and Thai firms.

Tran Thi Thanh My, trade counselor of the Vietnamese Embassy in Thailand, affirmed that amid the COVID-19 pandemic affecting trade activities between the two countries, information in the book will be a useful reference for enterprises that are seeking co-operation opportunities with partners in the two nations.

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