Nghệ An to host VN-Thailand trade forum

Nghệ An to host VN-Thailand trade forum

HÀ NỘI — A conference to accelerate bilateral trade and investment between Vietnamese and Thai enterprises is slated to be held in the central province of Nghệ An from September  二 六- 三0.

Information on the event was released during a working session among the Business Association of Overseas Vietnamese (BAOOV), the Business Association of Thai Vietnam (BAOTV) and provincial leaders on Wednesday.

During the event,  五00 entrepreneurs from Việt Nam and Thailand as well as overseas Vietnamese firms will share their experience and discuss new business models.

An exhibition showcasing products and services in a wide range of sectors such as agriculture, hi-tech, import-export, finance and tourism will also be held along the event of  四00 booths to be run by exhibitors from  二 八 countries and territories.

In his speech at the working session, vice chairman of Nghệ An People's Co妹妹ittee Lê Ngọc Hoa proposed the BAOOV to tell foreign investors about the province’s development. That will help attract more international firms to seek investment opportunities in the locality.

He described the conference as an opportunity for local enterprises to promote exports of products like farm produce, textile and garment and handicrafts to Thailand.

They will also have a chance to better understand Thailand’s quality requirements and the tastes of Thai customers, he said. 

At the conference, the central province will seek co-operation between overseas Vietnamese enterprises and those in the province while calling on investment into its key industrial parks, according to the vice chairman. 

Việt Nam’s export earnings from Thailand, a competitive market in the region, have increased sharply in recent years, with an annual average turnover of US$ 四- 五 billion.

The Ministry of Industry and Trade said Việt Nam exported $ 五. 五 billion worth of products to its neighbour in  二0 一 八, a year-on-year surge of  一 五 per cent.Việt Nam’s shipments to Thailand brought home $ 一. 三 九 billion in the first quarter of  二0 一 九, up  六 per cent from the same time last year.

However, experts said made-in-Việt Nam products only accounted for a small proportion of Thai imports.They reco妹妹ended exporters enhance co-operation with the Vietnamese co妹妹unity in Thailand, many of whom own supermarkets and convenience stores in the country, to make Vietnamese products become more popular among Thais.  VNS