Vietnam, Thailand boost investment cooperation

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Báo QĐND English - 27 month(s) ago 4 readings

Vietnam, Thailand boost investment cooperation

Vietnamese and Thai businesses have agreed to invest in border economic zones (EZs).

Seven agreements were signed by enterprises from the central province of Ha Tinh (Vietnam) and Nakhon Phanom province (Thailand) on March 26 within the framework of an investment promotion conference on Cau Treo International Border Gate Economic Zone.

On this occasion, leaders of the two provinces pledged to promote cooperation in education, traffic, trade and tourism.

Accordingly, Ha Tinh and Nakhon Phanom will speed up the connection of traffic routes and create favorable conditions for bilateral trade exchange.

Economic and trade relations between Vietnam and Thailand have constantly developed in recent years, with the two-way turnover reaching US$9.3 billion in 2011.

At present, Thailand has 264 projects in Vietnam with a total capitalization of US$6.7 billion, ranking 11th among foreign investors in the S-shaped country.

Source: VOV

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