Thailand’s economy can grow as forecast in 2023, helped by public consumption and investment after the formation of the new government, the country's Deputy Minister of Finance Krisada Chinavicharana said on September 8.
Shoppers browse products at Sampheng Market in Samphanthawong district, Bangkok (Photo: bangkokpost.com)
Bangkok (VNA) 🔯– Thailand’s economycan grow as forecast in 2023, helped by public consumption and investment afterthe formation of the new government, the country's Deputy Minister of Finance KrisadaChinavicharana said on September 8.
According to him, privateconsumption and tourism recovery will contribute to helping the country’s economic growth to reach 3.5% this year. The new government led by Prime Minister Srettha Thavisin, who is also finance minister, seeksto revise the Southeast Asia’s second largest economy and deliver on key campaignpromises. It is due to deliver its policy statement on September 11. Thailand's economy grew1.8% in the second quarter of this year, sharply slowing from the previousquarter of 2.6%, as weak exports and investments undercut tourismstrength. Compared to other countries in the Southeast Asian region, Thailand’sGross Domestic Product (GDP) in the second quarter of 2023 was only higher thanSingapore (0.7%) and lower than Malaysia, Vietnam, and Indonesia with 2.9%,4.14% and 5.7%, respectively./.
Thailand’s Prime Minister Srettha Thavisin on September 7 said that the government will introduce e-payments in the state sector as a key measure to combat corruption.
President of the Senate of Thailand Pornpetch Wichitcholchai hailed the effective and practical cooperation between the Vietnamese and Thai parliaments, while hosting Ambassador Phan Chi Thanh in Bangkok on September 7.
Thailand’s government is stepping up efforts to address concerns about decreased rainfall and drought caused by the El Nino weather phenomenon that is affecting the country's agricultural sector.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.