PM hosts leaders of seven Thai leading corporations
In the spirit of “harmonious benefits and shared risks”, the Vietnamese Government will always accompany and create a favourable investment environment for Thai businesses to operate successfully in Vietnam.
Prime Minister Pham Minh Chinh (R) receives Thammasak Sethaudom, Chairman and CEO of SCG. (Photo: VNA)
Hanoi (VNA) -⛄ Prime Minister Pham Minh Chinh hosted a reception in Hanoi on May 16 for leaders of Thailand's seven leading corporations and major enterprises investing in Vietnam, as part of the official visit to Vietnam by his Thai counterpart Paetongtarn Shinawatra.
The delegation included President and CEO of Siam Cement Group (SCG) Thammasak Sethaudom, Chairman of Charoen Pokphand Group Soopakij Chearavanont, CEO of AMATA Group Somhatai Panichewa, Chairwoman of the Executive Committee and CEO of WHA Corporation Jareeporn Jarukornsakul, Chief Digital Officer and member of the founding family of Central Retail Group Ton Chirathivat, President of Kasikornbank Chongrak Rattanapian, and Chairman of Super Energy Corporation Jormsup Lochaya.
The guests commended Vietnam’s strategic and bold reforms in recent years, including efforts to streamline the state apparatus, institutional and administrative reforms, and a strong push for national development in the new era. They expressed confidence that Vietnam would overcome current challenges to maintain its growth trajectory.
Prime Minister Pham Minh Chinh (R) receives Chongrak Rattanapian, Vice President of Kasikornbank (KBank) of Thailand. (Photo: VNA)
Thanking the PM and relevant Vietnamese agencies and localities for their active support, they reaffirmed their long-term commitment to doing business in Vietnam and their intentions to expand operations. They raised proposals and recommendations to accelerate projects.
According to the PM, two-way trade surpassed 20 billion USD last year, up 6.4% annually. Both sides are now
working toward a new trade target of 25 billion USD, in line with a joint statement recently issued by the two governments.
Prime Minister Pham Minh Chinh (R) receives Jareeporn Jarukornsakul, Chairwoman of WHA Group (Thailand). (Photo: VNA)
Thai investors have poured nearly 15 billion USD into 767 projects in Vietnam, making Thailand the 9th largest among 150 countries and territories investing in Vietnam. Conversely, Vietnamese firms have invested in 22 projects in Thailand, with total capital amounting to nearly 35 million USD.
Chinh spoke highly of efforts and long-term commitment of corporations in investing and developing business activities in Vietnam, thus actively contributing to the economic cooperation and friendship between the two countries.
2025 is the year when Vietnam accelerates, makes breakthroughs to successfully complete socio-economic development goals for the 2021-2025 period, thereby creating a foundation for entering a new era - the era of the rise, wealth, civilisation, and prosperity of the nation, successfully achieving the goal of becoming an upper middle-income country by 2030 and a high-income nation by 2045.
In the context of complicated developments in the world economy, the Vietnamese Government is implementing many solutions to "turn danger into opportunity", aiming for a growth rate of over 8% in 2025 and double digits in the period of 2026 - 2030.
The PM asked Thai corporations and banks to continue expanding their operations and investing in areas of strength and new spheres such as digital economy, green economy, circular economy, emerging industries, and high technology.
Prime Minister Pham Minh Chinh receives Somhatai Panichewa, CEO of Amata VN Public JSC (under Amata Group. (Photo: VNA)
He asked these firms, with their experience and network of partners, to continue to support Vietnam in attracting reputable Thai and foreign enterprises to learn about and implement effective investment projects in Vietnam; strengthen cooperation with Vietnamese enterprises to help improve technological capacity, engineering, management skills, develop human resources, especially high-quality human resources, and join deeply regional and global value chains. They should share experience and consultation to help the Vietnamese Government continue to perfect appropriate and effective institutions and policy mechanisms, he added.
For CP Group, Thailand's largest private corporation, Chinh urged it to promote the application of high technology and digital transformation, and increase labour productivity; make the most of local raw materials; strengthen training and use of local human resources, including Vietnamese managers, to reduce costs; sign long-term contracts with raw material areas; increase deep processing of Vietnam's strong and branded agricultural products and take advantage of the market network from the free trade agreements that Vietnam signed.
He also asked Kasikornbank to participate in developing international financial centres in Ho Chi Minh City and Da Nang, and restructuring weak credit institutions.
Prime Minister Pham Minh Chinh (R) receives Jormsup Lochaya, Chairman of Super Energy Group. (Photo: VNA)
He affirmed that, in the spirit of “harmonious benefits and shared risks”, the Vietnamese Government will always accompany and create a favourable investment environment for Thai businesses to operate successfully, contributing to the development and prosperity of the two countries.
For the proposals of the Thai enterprises, PM Chinh directed ministries and sectors to urgently resolve problems facing them. He also assigned Deputy Minister of Finance Nguyen Thi Bich Ngoc as the head of the working group in charge of this matter./.
The direct call service helps cut transportation time, reduce costs, increase competitiveness by bypassing major transshipment ports in northern and southern Vietnam. At the same time, it opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity, and enhances the position of Chu Lai Port on the international maritime map.
Vietnam and Thailand have officially upgraded their relations to a comprehensive strategic partnership during the ongoing trip to Vietnam by Thai Prime Minister Paetongtarn Shinawatra.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
