Log in
Business

Vietnam businesses presented with opportunities to expand global reach

Vietnamese firms joining Thailand's exhibitions could gain insights and exposure to technologies driving innovation in Vietnam's industries.

Thailand, in its latest development strategy, would invite Vietnamese businesses to participate in world-class tourism events and exhibitions to boost economic recovery and promote bilateral cooperation and business opportunities.

 TCEB's Vice Chairman Puripan Bunnag addresses the press briefing. Photo: Khac Kien/The Hanoi Times

Thailand Convention and Exhibition Bureau (TCEB) Vice Chairman Puripan Bunnag announced the move at a press briefing on August 17.

TCEB aims to encourage the participation of Vietnamese business representatives in trade exhibitions held in Thailand, facilitating them to gain valuable industry insights and exposure to a spectrum of technologies poised to catalyze industrial advancement and innovation in Vietnam, Bunnag said.

According to Bunnag, Thailand will host about 50-60 specialized exhibitions and fairs in various fields for the rest of the year, providing a golden opportunity for Vietnamese enterprises to forge partnerships and carry out promotional and trade promotion efforts.

Moreover, Vietnam is among the top five nations  sending tourists to Thailand in 2022. Aside from the benefits of participating in Thailand's exhibitions, individuals on business trips to Thailand have the prospect of immersing themselves in Thai culture, scenery and warm hospitality, he noted.

"Thailand's MICE [meetings, incentives, conferences, exhibitions] sector generates an estimated US$2.83 billion in annual revenue. Since the beginning of 2023, TCEB has extended its support to more than 45 international exhibitions. TCEB believes that exhibitions play a key role in imparting technical knowledge and guiding innovation," Bunnag emphasized.

Reactions:
Share:
Trending
Most Viewed
Related news
German firms expand in Vietnam despite global economic headwinds

German firms expand in Vietnam despite global economic headwinds

Vietnam retains its position as a stable anchor, thanks to its neutral stance and central role in ASEAN manufacturing.

Vietnam to tighten management of corporate bond issuance

Vietnam to tighten management of corporate bond issuance

The move is expected to push enterprises to maintain safer financial leverage when raising capital via bonds

Vietnam's public debt remains well below 60% of GDP

Vietnam's public debt remains well below 60% of GDP

Given last year’s economic scale of US$476.3 billion, public debt was amounted to $165.3 billion, up 13% from 2023.

Vietnam aviation market to see fastest growth in Southeast Asia through 2030

Vietnam aviation market to see fastest growth in Southeast Asia through 2030

Vietnam’s strong potential for commercial aviation development is driven by rapid passenger growth, expanding infrastructure, and increasing GDP.

Viettel builds Vietnam’s first hyperscale data center

Viettel builds Vietnam’s first hyperscale data center

Viettel currently leads Vietnam’s data center market, ahead of VNPT, FPT, and CMC Telecom, following the new hyperscale project in the southern metropolis of Ho Chi Minh City.

Vietnam, US initiate bilateral trade negotiations

Vietnam, US initiate bilateral trade negotiations

Both sides agreed to maintain regular exchanges at both the leadership and technical levels to accelerate the negotiation on specific issues.

Strong Q1 earnings boost Vietnam stock market

Strong Q1 earnings boost Vietnam stock market

While global uncertainties, especially US-China tensions, weigh on sentiment, domestic fundamentals are strengthening, creating a more favorable environment for equities.

More Vietnamese agricultural products to reach Chinese market

More Vietnamese agricultural products to reach Chinese market

Currently, 14 Vietnamese agricultural products are officially exported to China, generating billions of dollars annually.