Vietnam, Thailand launch book to commemorate 45th anniversary of diplomatic relations
Thailand is currently Vietnam’s largest trading partner in ASEAN and the ninth-largest foreign investor in Vietnam.
The Vietnamese Embassy in Thailand and the Thailand-Vietnam Business Council on January 14 jointly launched a commemorative book for the 45th anniversary of bilateral diplomatic relations.
|The book marks the 45th anniversary of Vietnam-Thailand diplomatic relations. Source: VNA|
At the launching ceremony, the President of the Thailand-Vietnam Business Council and Thailand-Vietnam Friendship Association, Sanan Angubolkul, highlighted the fact that Thailand has now become Vietnam’s largest economic partner in ASEAN.
Angubolkul expressed his strong belief that both sides would continue to strengthen bilateral ties and aim for new heights in the coming time.
Vietnamese Ambassador to Thailand Phan Chi Thanh added that the year 2021 marked the 45th anniversary of the Vietnam-Thailand diplomatic relations.
|Delegates at the book launch.|
“Throughout the years, both countries have attained successes in three major pillars of cooperation, including politics-security, economy, and culture-society, which are based on an enhanced strategic partnership,” Thanh said.
In terms of economic cooperation, Thanh stressed Vietnam-Thailand is among a handful of success stories in the region and beyond.
Thailand is currently Vietnam’s largest trading partner in ASEAN and the ninth-largest foreign investor in Vietnam with registered capital of US$12 billion. In the opposite direction, Vietnam remains Thailand’s fifth-largest trading partner globally.
Both are members of new generation trade agreements, including the Regional Comprehensive Economic Partnership (RCEP), the ASEAN Trade in Goods Agreement (ATIGA), and the ASEAN Free Trade Area (AFTA).
“These are the foundation for the two countries to bolster economic cooperation and businesses to further grasp opportunities in trade and investment,” Thanh said, noting both are determined to realize the bilateral trade target of US$25 billion by 2025.
The book covers key milestones in bilateral relations over the past 45 years, especially in the fields of the economy; gives guidance on investment activities; and tells success stories of businesses in both countries. It also provides a list of enterprises from Vietnam and Thailand with high potential for cooperation and business expansion in both countries.
- Hanoi to promote OCOP products from northern mountainous provinces
- PM urges favorable environment for businesses
- Vietnam willing to work with US on emerging issues: Spokeswoman
- OCOP promotion event underway in Hanoi
- Vietnam Manufacturing Expo 2022 to open in Hanoi
- Vietnamese Gov’t halves MFN tariff on petrol products to 10%
- Vietnamese tourism looks at niche markets
- EVFTA drives Vietnam’s exports forward
- Vietnam’s GDP growth set to expand 7.5% in 2022: World Bank
- People and businesses urged to take part in the digitalization: PM
Vietnam’s middle power diplomacy in ASEAN
Hotels in Hanoi heat up mooncake season
Hanoi verifies promoting Covid-19 vaccination as key task
Vietnam is stunning in South Korean artist’s MV
Hanoi focuses on supporting business recovery: Mayor
Construction of Hanoi’s Ring-road No.4 set to begin next June
Dolphin shows fascinate audiences in Hanoi
Vietnam's investment in education accounts 18% of total state expenditure
People and businesses urged to take part in the digitalization: PM