Forum connecting businesses in Quang Nam and Thailand 2022 held

Thursday, 07/07/2022 16:22
A forum connecting businesses in Quang Nam and Thailand 2022 was recently held by the Quang Nam provincial People’s Committee and Vietnamese Embassy in Thailand in Hoi An ancient town.
At the event (Photo: baotintuc.vn) 

The event drew the participation of over 100 Vietnamese entrepreneurs in both Vietnam and Thailand.

Speaking at the event, Chairman of the provincial People’s Committee Le Tri Thanh said Quang Nam now has 195 FDI projects with total registered capital of 6 billion USD, mainly focusing on processing-manufacturing, tourism and services.

According to him, among 30 countries and territories investing in Quang Nam, Thailand invests four projects worth some 43.4 million USD in the fields of agriculture and processing-manufacturing. The Thai firms are operating effectively and significantly contributing to local development.

Vietnamese Ambassador to Thailand Phan Chi Thanh said Thailand is a major economic partner and the ninth largest investor of Vietnam, with more than 600 projects worth over 13 billion USD.

Thailand is also Vietnam’s biggest trade partner in the Association of Southeast Asian Nations (ASEAN), with two-way trade of 19.5 billion USD in 2021 and 5 billion USD in the first quarter of 2022.

The two countries are making efforts to raise the bilateral trade revenue to 25 billion USD by 2025 and the two sides have ample room to promote the investment, trade and tourism ties, the Ambassador said.

The Ambassador also said that overseas Vietnamese in Thailand are running about 1,000 enterprises, mainly small-and medium-sized ones, covering different fields such as industry, agriculture, food processing, export-import, logistics, services and construction.

Some of them have expanded operations in Vietnam, but the figure still remains modest, he said.

He suggested Quang Nam create the best possible conditions for Vietnamese businesses worldwide in general, and in Thailand in particular, to operate in the province./.

BTA

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