Vietnam, Thailand enhance business network development
The second “Meet Thailand” conference was opened in the northern province of Lao Cai on August 28-29 in celebration of the 48th anniversary of diplomatic relations (1976-2024) and the 11 years of bilateral strategic partnership (2013-2024).
Delegate at the Meet Thailand 2024 Conference (Photo: VNA)
Lao Cai (VNA) – The second “Meet Thailand” conference wᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚas opened in the northern province of Lao Cai on August 28-29 in celebration of the 48th anniversary of diplomatic relations (1976-2024) and the 11 years of bilateral strategic partnership (2013-2024).
The event, organised by the Lao Cai provincial People's Committee in partnership with the Ministry of Foreign Affairs and the Thai Embassy in Vietnam, brought together key stakeholders to deepen bilateral cooperation.
The conference aimed to strengthen the “Three connections” strategy which was approved by the two country’s high-ranking leaders.
The strategy includes integration of supply chains in supporting industries, collaboration between small- and medium-sized enterprises (SMEs) and local communities and alignment of sustainable development goals, merging Thailand's bio-circular-green (BCG) economy with Vietnam's green initiatives.
The event attracted representatives from 14 provinces and business associations in Vietnam's northern midlands and mountainous areas, serving as a vital platform for exploring investment opportunities.
Nguyen Nhu Hieu, Director General of the Department of Foreign Affairs under the Foreign Ministry, highlighted Thailand's role as Vietnam's largest trade partner in ASEAN and a leading foreign investor, with bilateral trade exceeding 20 billion USD in 2022. He expressed confidence that the two countries will soon achieve a 25 billion USD trade target, with northern Vietnam as a priority for Thai investments.
Ambassador Urawadee Sriphiromya noted the growing interest of Thai businesses in Vietnam, particularly in sectors such as retail, energy, agriculture, and tourism.
The event also featured exhibitions, business networking sessions, and discussions on key topics like economic connectivity and sustainable tourism, all aimed at strengthening the bilateral business ties between Vietnam and Thailand./.
General Director of the Vietnam News Agency (VNA) Vu Viet Trang on August 14 received Chairman of the National Press Council of Thailand and Senior Advisor to the Thai Journalists Association Chavarong Limpattamapanee and a Thai delegation who are on a working visit to Vietnam.
The strong bond between Thailand and Vietnam was reaffirmed during a meeting between President of the National Assembly and Speaker of the House of Representatives of Thailand Wan Muhamad Noor Matha and Vietnamese Ambassador Pham Viet Hung in Bangkok on July 15.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.
