Mangosteen on sale at a Thai market (Source: www.fruitnet.com)
Hanoi (VNA) - Thailand is aiming to earn more revenue from the sale o🍰f food in the world market this year.
Wisit Limluecha, head of the Federation of Thai Industries' food industry division, said that Thailand is forecast to export 1.08 trillion THB (about 31.76 billion USD) worth of raw and processed food throughout this year, representing an 8-percent increase from last year. Of those exports, the volume of processed food will increase while that of raw food will decline, according to the FTI. The prices of processed food bound for export will likely increase while their qualities will be enhanced as well and upgraded to meet foreign markets’ demands. Thailand currently ranks 14th among the world's largest food exporters and would rise to the top 10 in foreseeable future. Meanwhile, the country's Office of Industrial Economics is currently drafting a master plan for food industry development with focus on processed food for export.-VNA
Latin American countries including Brazil, Columbia and Mexico, are new potential markets for Thailand's food products, auto parts and machinery industries.
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Thailand’s food, home appliance, garment, decor, auto parts and electronic devices are being exhibited at nearly 165 booths during the Thailand Trade Exhibition-Thai Week 2015, opening on August 13.
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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.
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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.
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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.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
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Mangosteen on sale at a Thai market (Source: www.fruitnet.com) 
