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Thai businesses to help Vietnamese partners join supply chains

Thai businesses will support their Vietnamese partners in taking part in regional supply chains and industrial production in the time to come, the Director of the Thai Department of International Trade Promotion (DITP), Suparporn Sookmark said at a programme in HCM City on July 14.
Thai businesses to help Vietnamese partners join supply chains ảnh 1At a stall of a Thai business (Photo: VNA)
HCM City (VNA) - Thai businesses will supporttheir Vietnamese partners in taking part in regional supply chains and industrialproduction in the time to come, the Director of the Thai Department of InternationalTrade Promotion (DITP), Suparporn Sookmark said at a programme in HCM City on July14.

She said that, in the context of COVID-19, the depratmentwill hold both online and offline trade exchanges to help maintain links betweenenterprises.

The DITP will continue diversifying trade promotion activitiesand making it easier for Vietnamese and Thai firms to tap into markets of potentialand seek business cooperation opportunities.

Chairwoman of the Thai Business Association in Vietnam,Saranya Skontanrak, said Vietnam and Thailand, both members of the ASEANEconomic Community, should join hands to boost economic diversity and attract internationalinvestors as well as set up production and supply networks in the region.

With geographical advantages, the two countries have ahost of potential to be gateways to ASEAN and to establish cross-border supply chainswhere each make a contribution based on their respective strengths, she added.

SeveralThai business representatives expressed their belief that bilateral cooperationopportunities will increase when Vietnam joins global value chains and movesfurther towards industrialisation while promoting high added value production activities./.
VNA

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