Thai investors keen on future business opportunities in Vietnam
![]() |
Representatives from the Vietnam Embassy in Thailand, the Thailand-Vietnam Business Council, and Amata Vietnam Company at the event |
The function was jointly held by the Vietnam Embassy in Thailand, the Thailand-Vietnam Business Council, and Amata Vietnam Company Ltd.
During the occasion, Vietnamese Ambassador to Thailand Phan Chi Thanh briefed participants on the country’s recent economic achievements and the ongoing 13th National Party Congress, which is expected to adopt important documents aimed at transforming Vietnam into a modern industrialised country with high middle income by 2030, along with becoming a developed country by 2045.
Ambassador Thanh emphasised the need to attract a large amount of foreign investment, between US$200 and US$300 billion during the 2021 to 2030 period, in order to fulfill the target.
At present, Thai businesses rank ninth out of 139 countries and territories investing in Vietnam, with firms from the neighbouring country anticipated to seize opportunities to expand their investment activities moving forward.
Furthermore, the Vietnamese diplomat described the nation as a successful and safe destination for foreign investors, with impressive positive growth of 2.91% achieved last year despite disruption to global supply chains caused by the novel coronavirus (COVID-19) pandemic.
Most notably, the country became one of the fastest growing economies globally throughout the 2016 to 2020 period with an average growth of 5.9%.
Thai businesses have so far poured US$12.84 billion into 600 projects in Vietnam, including in fields such as infrastructure, industrial parks, high technology, energy, agriculture, environment, electronics, real estate, and agriculture, serving to turn Thailand into a major investor in the nation.
Ambassador Thanh affirmed Vietnamese determination to continue to making strategic breakthroughs in an effort to accelerate the extensive international integration process whilst improving the local business environment.
Former Thai Ambassador to Vietnam Tanee Sangrat, who is also Director General of the Department of Information and Spokesman of the Foreign Ministry of Thailand, responded by declaring Vietnam to be one of Thailand's most important foreign investment markets. Indeed, Thai businesses have been hugely satisfied with their operations in Vietnam , with several Thai brands subsequently becoming popular within the Vietnamese market.
Sangrat notes his great appreciation for Vietnamese efforts to improve competitiveness in comparison with other countries, with the Provincial Competitiveness Index (PCI) significantly increasing over recent years.
Sanan Angubolkul, chairman of the Thai-Vietnam Business Council, attributed the keen interest in investment opportunities in Vietnam shown by Thai businesses to political stability, successful containment efforts of COVID-19 outbreaks, an abundant workforce, investment incentives, high purchasing power, and an open investment environment.
As part of the occasion, Angubolkul cabled a congratulatory message to the 13th National Party Congress, outlining his belief that mutual relations will reap greater benefits that can ultimately make significant contributions to the development of both countries.
Related News

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Vietnam, Korea Customs sign AEO MRA
11:07 | 26/12/2024 Customs

Prioritizing semiconductor workforce training
09:16 | 15/12/2024 Headlines

Vietnam-Cambodia: Looking back on journey of cooperation
14:45 | 11/12/2024 Customs
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export

Business regulations must be trimmed for development of enterprises: Experts
14:46 | 14/02/2025 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export