Vietnam – Thailand trade to hit 20 billion USD in 2020
Vietnam and Thailand are striving to increase bilateral trade to 20 billion USD in 2020, as heard a business connectivity conference in Ho Chi Minh City on September 29.
Latest
| TIN LIÊN QUAN | |
 | Vietnam attempts to narrow trade deficit with Thailand |
| Thai Embassy aids flood-hit northern provinces |
Thai Consul General in HCM City Ureerat Ratanaprukse stated Vietnam and Thailand are key economic partners, with leaders of both sides agreeing to boost comprehensive trade ties.
 |
| Vietnamese and Thai firms connect at the event (Photo: VNA) |
The agreement lays the basis for Vietnamese and Thai firms to work together and involve in global and regional supply chains.
Pham Thanh Kien, head of the HCM City Department of Industry and Trade, said the southern city is a potential destination for Thai products, which have gained favour with local consumers for their quality and competitive prices.
Since the beginning of 2017, seven Thai goods fairs have taken place in HCM City, with three more expected to run toward the year’s end.
Vietnam is currently Thailand’s second biggest partner in ASEAN, while Thailand is top trade partner of Vietnam in the bloc.
In 2016, bilateral trade reached 12.54 billion USD, which accounted for 3.6 percent of Vietnam’s total import-export value.
 | Vietnam National Day celebrated in Thailand The Vietnam Consulate General in Khon Kaen Province, Thailand held a ceremony on August 30 to mark the 72nd anniversary of Vietnam’s National Day (September ... |
 | Thailand to host ASEAN's biggest event for retail business The Thai Retailers Association will organise the RetailEx ASEAN 2017 - ASEAN's fastest growing retail trends and solutions trade exhibition in Bangkok from September 14-16. |
 | Mini Thailand Week kicks off in Can Tho city The Mini Thailand Week 2017 was opened in Can Tho city on July 7, offering a chance to people in the southwestern region to try ... |
(Source: VNA)
