Thailand among top ten foreign investors in Vietnam
(VOV) - Thailand is one of top ten foreign investors in Vietnam with 300 valid projects, reported a recent Vietnam-Thailand trade and investment promotion workshop in HCM City.
According to the Thai Ministry of Commerce, Vietnam ranks 11th among exporters to Thailand while Thai products accounted for 20.40% of Vietnam’s total import value.
Thailand exports fuels, polymer materials, motorbikes and spare parts, chemicals, steel, air conditioners and components and fresh fruits to Vietnam.
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Meanwhile it imports from the country electrical household appliance, steel, electronic products, crude oil, seafood, computers, spare parts and components, coffee, tea and pepper.
Two-way trade between Vietnam and Thailand has constantly increased in recent years and hit US$11.62 billion last year. It is expected to reach US$15 billion by 2020.