4th Joint Trade Committee meeting between Vietnam and Thailand held
At the fourth meeting of the Joint Trade Committee between Vietnam and Thailand, held in Bangkok on April 20, the two sides agreed on a number of specific action plans to bring bilateral trade turnover to $25 billion. The trade balance has been in Thailand’s favor in recent years, so the two are aiming to make it more balanced and mutually beneficial. Bilateral trade turnover was $19 billion in 2021, up 17.9 per cent compared to 2020. It reached nearly $5 billion in the first quarter of this year, up 7.4 per cent year-on-year.