VietCham Thailand aims to work as a key platform for companies to exchange ideas, seize opportunities, and tackle challenges together. It is also hoped to assist businesses in accessing markets, expanding partnerships, and beefing up economic cooperation between Vietnam and Thailand.
Bangkok (VNA) – A✱round 50 Vietnamese and Thai 🅰companies gathered at a business networking event held by the Vietnam Chamber of Commerce in Thailand (VietCham Thailand) in Bangkok on April 9.
In her opening remarks, Chairwoman of VietCham Thailand Duong Thu Huong highlighted the chamber’s launch in October 2023 as Vietnam-Thailand relations are thriving in trade, investment, tourism, and education. She underscored Vietnam’s role as a vital trading partner of Thailand and praised the remarkable successes of Thai firms in Vietnam’s growing market.
Huong said VietCham Thailand aims to work as a key platform for companies to exchange ideas, seize opportunities, and tackle challenges together. It is also hoped to assist businesses in accessing markets, expanding partnerships, and beefing up economic cooperation between Vietnam and Thailand, she added.
Vietnamese Ambassador to Thailand Pham Viet Hung spoke highly of VietCham Thailand's efforts in connecting Vietnamese and Thai companies and voiced his belief that it would form a vibrant and dynamic business community, contributing to the bilateral economic links.
As the first overseas Vietnam Chamber of Commerce, VietCham Thailand groups major firms such as Vietjet, FPT, and VMO, focusing on startups, and young entrepreneurs to deliver practical benefits through meaningful collaboration.
The event featured valuable insights from business leaders and experts across various sectors, with discussions revolving around VietCham Thailand’s unique and innovative approach to unlocking new opportunities for Vietnamese and Thai business communities./.
A four-pronged approach has been designed to build business confidence, expand trade opportunities, and enhance Thailand's competitiveness on the international stage.
There is untapped potential for economic cooperation between the two sides, particularly in infrastructure and logistics, agricultural production and food processing, renewable energy, creative technology-innovation, and tourism.
Tourism cooperation goes beyond economic development, helping bring Vietnamese and Thai people closer, foster mutual understanding and trust, and build a solid foundation for a shared future.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
