(VOV) - Thailand is one of top ten foreign investors in Vietnam with 300 valid projects, reported a recent Vietnam-Thailand trade and investment promotion workshop in HCM City.
According to the Thai Ministry of Commerce, Vietnam ranks 11th among exporters to Thailand while Thai products accounted for 20.40% of Vietnam’s total import value.
Thailand exports fuels, polymer materials, motorbikes and spare parts, chemicals, steel, air conditioners and components and fresh fruits to Vietnam.
thailand among top ten foreign investors in vietnam hinh 0
Meanwhile it imports from the country electrical household appliance, steel, electronic products, crude oil, seafood, computers, spare parts and components, coffee, tea and pepper.
Two-way trade between Vietnam and Thailand has constantly increased in recent years and hit US$11.62 billion last year. It is expected to reach US$15 billion by 2020.