Thai business delegation arrives

Twenty-six companies from the northeastern region of Thailand met with executives of 50 Vietnamese companies in HCM City to exchange information and explore business opportunities on Dec. 28.

The visiting enterprises specialise in producing processed food, farm produce, handicrafts, cosmetics, functional food and food processing machines.

Nguyen The Hung, Deputy Director of the Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City, said bilateral trade between Viet Nam and Thailand had grown rapidly in the past years, reaching nearly US$6 billion last year, the highest figure among ASEAN countries.

Trade between the two countries is expected to reach $7.5 billion this year, an increase of 21 per cent over last year.

More and more Thai companies have arrived in Viet Nam to seek business and investment opportunities, he said.

The event was co-organised by VCCI and the Office of Small and Medium Enterprises Promotion of Thailand.

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