During the visit, the Thai PM will also co-chair the fourth Vietnam–Thailand Joint Cabinet Meeting alongside the Vietnamese PM, the Ministry said in a press communique on May 12.

Vietnam and Thailand established diplomatic relations in 1976 and upgraded their ties to an Enhanced Strategic Partnership in 2019. The two countries maintain regular cooperation mechanisms such as Political Dialogue, Defence Dialogue, Joint Cabinet Meeting, and other meetings to promote comprehensive cooperation.

Thailand is Vietnam’s largest trading partner in ASEAN, with two-way trade last year reaching US$20.18 billion, up 6.4% year on year. It ranks ninth among foreign investors in Vietnam, with total registered investment capital exceeding more than US$14 billion by the end of last year. Both countries aim to raise bilateral trade turnover to US$25 billion by 2025.

Vietnam and Thailand work closely at multilateral forums such as the Association of Southeast Asian Nations (ASEAN), the United Nations, the Asia-Pacific Economic Cooperation (APEC), and regional sub-mechanisms like the Mekong–Lancang Cooperation. They are also actively promoting sustainable development strategies in areas like renewable energy, digital economy, and e-commerce.

The Vietnam - Thailand Joint Cabinet Meeting is an important part of the enhanced strategic partnership between the two countries. The cooperation framework aims to strengthen coordination between ministries, sectors, and localities of both countries and address key issues in bilateral relations.

Vietnamese businesses seek investment opportunities in Thailand

VOV.VN - Representatives of Vietnamese and Thai businesses attended a seminar in Khon Kaen province, Thailand, on March 30 to promote investment, trade, and tourism between Vietnam and northeast Thailand.