40 Thai food businesses seek trade opportunities in HCM City - 40 Thai food businesses seek trade opportunities in HCM City - Website Ho Chi Minh City
A delegation of over 40 Thai businesses operating in the field of food has visited Ho Chi Minh City to promote trade and investment activities.
Through similar programmes, a number of Thai firms found trade and investment partners in Vietnam, said Thai Consul General in Ho Chi Minh City Panpimon Suwannaphongse.
An increasing number of Thai companies have come to the city to seek for business opportunities and expand partnership in the city since 2011 because Vietnam is regarded as among the region’s promising markets, she added.
During a meeting between Thai and local businesses, Nguyen The Hung, Deputy Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City branch, noted that Thailand has remained among Vietnam’s large trade partners.
He called for drastic measures from both sides to fulfill their growth targets and improve trade balance.
Total trade volume between the two countries in the first 11 months of 2014 reached over 9.6 billion USD, of which Vietnam’s exports to Thailand were 3.1 billion USD.
Thailand ranked 10th in the list of countries and territories investing in Vietnam with 6.6 billion USD injected in more than 370 projects.