Thai companies seek opportunities

A delegation of Thai companies attended a meeting held by the Viet Nam Chamber of Commerce and Industry in Ha Noi on Wednesday to seek trade and investment co-operation opportunities.

The VCCI provided them with information about policies on investment and wholly foreign investment projects.

It said Thai sectors represented included export, property, electronic and pharmaceutical, adding Thai enterprises sought Vietnamese partners for their projects in Thailand.

Thailand was attractive because it had developed infrastructure, an open economy, effective investment policies, a strong export industry and good economic growth.

Trade value between Viet Nam and Thailand has developed strongly, reaching US$6.2 billion in 2008 and declining slightly last year to $5.7 billion because of the global financial crisis.

Thailand mainly imports automobile, confectionery, paper, steel ingot, steel products, fertiliser and fibre and exports electronic components, agricultural products and diamonds.

Thailand is one of the top 10 countries and territories investing in Viet Nam.

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