Thai companies seek business opportunities in Vietnam - Thai companies seek business opportunities in Vietnam - Website Ho Chi Minh City
On 8 July, in HCMC, Thai Embassy, Trade Promotion Agency and Trade Center of Thailand in HCMC co-organized Vietnam-Thailand Business Forum 2015. 300 enterprises from Thailand and Vietnam participated.
Thailand is now ranked 10th out of 100 countries and territories investing in Vietnam with 270 projects worth US$ 6, 6 billion. In 2014, two way trade of both countries reached US$ 10 billion, of which Vietnam is suffering an excess of imports over exports from Thailand, mainly material, spare parts. Vietnam exports machinery, steel, telephones, etc, to Thailand. In order to increase types of goods and export quota to Thailand, local enterprises need to improve their competitiveness through technology innovation, product quality and price.
At the forum, both sides’ enterprises have exchanged business opportunities related to consumer products (food, fruit, beverage); costumes, spa, wealthiness and beauty, household products, interior and exterior decoration, textile, footwear, kitchen tools, stationery, office equipment, etc.