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Vietnam, Thailand eye US$25 billion in two-way trade

By Truc Dao

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HCMC – Vietnam and Thailand have pledged to strengthen economic cooperation, with a mutual objective of increasing their two-way trade to US$25 billion.

During a meeting with National Assembly Chairman Vuong Dinh Hue on December 8, Sanan Angubokuk, chairman of the Thai Chamber of Commerce (TCC), said that Thailand will strive to increase the two countries’ trade volume.

TCC will work closely with the Vietnam Chamber of Commerce and Industry to facilitate partnership between Vietnamese and Thai businesses, further boosting trade between the two countries.

NA Chairman Hue emphasized that the goal of US$25 billion in two-way trade is only for the near future, and the two sides should work toward a higher figure in a balanced and sustainable manner, reported the Vietnam News Agency.

On the same day, Hue also had a meeting with the leadership of major Thai corporations, which are significant investors currently operating and investing in Vietnam, including Central Group, SIAM Cement Group (SCG), Kasikorn Bank, Charoen Pokphand (CP) and WHA.

He expressed the hope that Thai corporations would continue to expand their investment in production and business in Vietnam, following the cooperation trend of the two countries.

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