Vietnam and Thailand have committed to promoting trade exchange in order to boost two-way trade turnover to $25 billion by 2025, according to Thai Ambassador to Vietnam H.E. Nikorndej Balankura.
Speaking at a workshop on supply chain connectivity held by the Thai Embassy on May 17 to mark the tenth anniversary of the establishment of a strategic partnership between the two countries, he said Vietnam and Thailand are each other’s largest trade partners within ASEAN.
Thailand currently ranks ninth among countries and territories investing in Vietnam and is expected to become its fifth-largest investor in the next few years.
Regarding investment, Thailand will enhance investment in renewable energy projects in Vietnam while encouraging Vietnamese enterprises to invest and do business in Thailand, the Ambassador said.
Speaking at the workshop, Jareeporn Jarukornsakul, Chairwoman and Managing Director of the WHA Corporation PCL from Thailand, said it has targeted expanding its operation in Vietnam in such fields as energy and real estate logistics to promote sustainable economic development for the country.
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