The Thai Ministry of Industry has put forward a five-point strategy to support domestic small- and medium-sized enterprises (SMEs) in adjusting to global industrial trends in the new era that focuses on using clean energy and having high-skilled labour.
Thailand's Minister of Industry Pimphattra Wichaikul (Photo: nationthailand.com)
Bangkok (VNA) - The Thai Ministry of Industry has put forward a five-point strategy to support domestic small- and medium-sized enterprises (SMEs) in adjusting to global industrial trends in the new era that focuses on using clean energy and having high-skilled labour.
Speaking at a seminar named “Smart SME 2024: Empowering The Next Wave” on June 12, Minister Pimphattra Wichaikul stressed the importance of promoting Thai SMEs to be part of the supply chain for target industries, including high-tech manufacturing and electric vehicles.
The ministry will develop the Thai industry to grow in parallel with various countries, encompassing economic, social, and environmental aspects, complying with international regulations, fostering competitiveness, and caring for society and communities to improve people's quality of life.
This goal will be carried out under the five-point plan, which includes developing target industries that are in line with future trends by enhancing productivity for businesses, fostering innovation through advanced research, accelerating the development of entrepreneurial capabilities within the country, and attracting leading global manufacturers to invest in Thailand; developing traditional industries with high potential to align with global trends and other economic sectors; and promoting creative economy by using soft power to boost the country’s competitiveness on the global stage, including arts, culture, and folk wisdom, which are considered crucial Thai assets.
🥀 Developing environmentally friendly industries by enforcing laws that limit pollution emissions and improving relevant regulations, and promoting community enterprises by providing support in terms of knowledge, technology, and access to low-interest loans are also part of this plan./.
Thailand’s Prime Minister Srettha Thavisin has called on governors of 55 second-tier tourist provinces and tourism authorities to further develop infrastructure and offerings as well as explore measures to position the country as a global tourism hub in line with the Government’s “Ignite Thailand” vision.
The Thai Cabinet has approved a scheme to spend 8.28 billion THB (223 million USD) on interest and loan guarantees to help small- and medium-sized enterprises (SMEs) access capital more easily.
The Thai cabinet’s economic ministers have adopted three short-term measures to drive the country’s growth rate to 3% this year, from 2.4% as originally projected by the Fiscal Policy Office, Deputy Prime Minister and Finance Minister Pichai Chunhavajira said on June 10.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
