Vietnam, Thailand target 25 billion USD in bilateral trade
(VOVWORLD) - Senior leaders of Vietnam and Thailand have agreed to continue promoting delegation exchanges and contacts at all levels, effectively carry out signed agreements, including the action program implementing enhanced strategic partnership between the two countries for the 2022-2027 period, and strive to elevate bilateral trade to 25 billion USD soon.
 National Assembly Chairman Vuong Dinh Hue meets Thai Prime Minister Srettha Thavisin, Bangkok, December 8, 2023. |
During a meeting in Bangkok on Friday, Vietnamese National Assembly Chairman Vuong Dinh Hue and Thai Prime Minister Srettha Thavisin spoke highly of the rapid and effective development of the two countries' cooperation in all key areas.
In ASEAN, Thailand has maintained its position as Vietnam's largest trading partner with two-way turnover reaching nearly 22 billion USD in 2022, and the second-largest investor of Vietnam with a total investment of nearly 14 billion USD.
PM Srettha agreed with the Vietnamese guest's proposal on the two sides' close coordination to effectively implement the "Three Connections" strategy on the win-win basis, promote cooperation to maintain existing supply chains and form new supply chains to produce high-value-added products; connect transport and infrastructure facilities; increase flights connecting localities and tourist destinations of the two countries; and foster collaboration in green economy, clean energy, and just energy transition.
The two sides agreed to continue close cooperation at international and regional organizations and forums, especially within the framework of the United Nations, ASEAN, and the Mekong Subregion; promote the central role of ASEAN; and work together to maintain ASEAN's common stance on the East Sea issue.