BANGKOK (NNT) - A Thai delegation embarked on a two-day visit to Vietnam to attend the annual Organisation for Economic Co-operation and Development (OECD) Southeast Asia Ministerial Forum in Hanoi.

 

The official visit to the neighboring country by Deputy Prime Minister and Minister of Foreign Affairs Parnpree Bahiddha-Nukara takes place from October 25th and 26th. The move came upon the invitation of Vietnamese Foreign Minister B?i Thanh S?n.

 

This year marks a decade of strategic partnership between Thailand and Vietnam. Upon arrival, the Deputy Prime Minister engaged in discussions with the Thai Chamber of Commerce and Industry in Vietnam (ThaiCham) at the Thai Embassy. He expressed his approval of ThaiCham’s robust and continuous activities, recognizing it as one of the strongest Thai chambers of commerce abroad.

 

The talks also covered Thai investments in Vietnam, a top destination for Thai investors. The insights gathered will inform upcoming talks with the Vietnamese government, particularly to facilitate a conducive investment environment. Later today, further discussions will take place with the Vietnamese Prime Minister and the Foreign Minister.

 

Both nations prioritize economic connectivity and mutual growth. Vietnam relies on importing components and raw materials from Thailand for its exports, highlighting the intertwined supply chains and mutual benefits shared by the two countries.

 

by: Na-ark Rojanasuvan

 

Source: NNT 2023-10-26

 

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2 hours ago, webfact said:

Vietnam relies on importing components and raw materials from Thailand for its exports, highlighting the intertwined supply chains and mutual benefits shared by the two countries.

Yes, Second World imports from Third World and exports to First World.