The forum is part of a series of events jointly held by the Vietnam-Thailand Friendship Association and the Thailand-Vietnam Friendship Association to mark the 10th anniversary of the Vietnam-Thailand strategic partnership.

Delegates at the Thailand-Vietnam Business Forum in Bangkok.

According to Chairman of the Thai Chamber of Commerce Sanan Angubolkul, the focus of the forum is to promote young entrepreneurs and startup companies as strong drivers of growth in both countries.

He said Thai and Vietnamese businesses are willing to increase cooperation to help realise the bilateral trade target of 25 billion by 2025.

For his part, Chairman of the Vietnam-Thailand Friendship Association Nguyen Van Thanh stated that the forum is a place for both countries’ enterprises to meet and connect towards the shared goal of rapid and sustainable development, and enhancing their competitiveness in the context of globalisation and international integration.

Speaking at the forum, Vietnamese Ambassador to Thailand Phan Chi Thanh underlined that economic cooperation is a bright spot in the bilateral relationship.

According to data of the Vietnam-Thailand Friendship Association, bilateral trade between Vietnam and Thailand has seen continuously growth in recent year, reaching 21.5 billion USD in 2022.

Thailand is the ninth largest foreign investor in Vietnam and the second largest in ASEAN, with 13.1 billion USD in 677 projects.

Vietnam’s new businesses up 4.3% in July

The number of newly established enterprises in July was estimated at 13,700, up 4.3% from a year ago, according to the General Statistics Office.

Businesses get support in labour employment

(BGO) – In the last 5 months of 2023, the businesses in Bac Giang province want to employ 70,000 labours more, reported the Department of Labour, Invalids and Social Affairs (DoLISA).

Bac Giang province supports business in labour employment

(BGO) – Chairman of the Bac Giang provincial People’s Committee (PPC) has issued document about labour employment support to facilitate businesses during employment for business and production demand.

Vietnam pledges favourable business climate for Samsung: official

The Vietnamese government is committed to creating a favourable and attractive business environment for foreign investors, including Samsung, according to Deputy Prime Minister Tran Luu Quang.

Facilitating business to clear customs procedure for commodities

(BGO) – On July 20, the working delegation of Bac Ninh Customs Department visited and worked with two businesses in Bac Giang provincial industrial parks (IP).

Source: NDO