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Home / Investment / Opportunities
Thai businesses highly appreciate Vietnamese market
By Tuan Minh 16:37, 2014/08/28
Thai trade and investment promotion agencies are actively implementing an array of programmes to connect businesses and support them in seeking business investment opportunities in Vietnam.

These activities are seen as preparations for future opportunities after the establishment of an ASEAN Economic Community (AEC) in 2015, Thai Consul General Malinee Harnboonsong told an exchange between Vietnamese and Thai garment businesses in HCM City on August 27.

Bilateral trade relations have seen strong development in recent years with two-way trade turnover reaching nearly US$9.5 billion last year and nearly US$5 billion in the first half of this year.

 

 


Thai businesses, through the exchange, want to introduce prime quality products and services to distributors and agents to enable Vietnamese customers be in favour of Thai products, Malinee said.

A Thaiwahknit Wear Co representative said the company is keen to expand business in Vietnam, particularly in HCM City aiming to seek importers, agents and outlets for knitwear and sports wear production.

According to the Ministry of Industry and Trade, bilateral garment trade turnover reached US$160 million in the first half of this year, including US$20 million from Vietnam’s exports and US$140 million from its imports.

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