Thai products showcased in Vietnam

More than 50 businesses from Thailand are showcasing their products at a retail fair which opened in Hanoi on May 6.

With good quality and diverse patterns, Thai products, including jewelry, garment and fashion materials, cosmetics, electronics, food, pharmaceuticals, auto and motor components, have drawn special attention of Vietnamese consumers.

According to the organising board, the five-day fair offers Thai businesses an opportunity to study the Vietnamese retail market and seek Vietnamese partners besides advertising their products.

Since the promulgation of Vietnam ’s Foreign Investment Law in 1988, the bilateral trade and investment cooperation has seen gigantic developments. Two-way trade value reached nearly 6.2 billion USD in 2008, up 31 percent against the previous year. The figure is expected to reach 10 billion USD in 2010.

By March 2009, Thailand had 198 projects in Vietnam with a total registered capital of nearly 5.7 billion USD.

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