Vietnam makes favourable conditions for Thai businesses

Deputy Prime Minister Trinh Dinh Dung stressed the Vietnamese Government’s viewpoint on creating every favourable condition for foreign investors, including Thai investors, to expand cooperation and investment in Vietnam, during a reception set for a delegation from Thailand’s Amata Group on November 3rd.

Photo: VGP

During the reception, the Vietnamese Deputy Prime Minister said that the strategic partnership between Vietnam and Thailand is growing well in all areas, especially in economics, trade and investment. According to Mr Dung, businesses play a great role in reinforcing, promoting and deepening the strategic partnership by investing in projects and carrying out trade exchanges.

In 2016, Vietnam and Thailand are organizing diverse activities to mark the 40th year since establishing diplomatic relations. At present, the two countries are effectively realizing the action program on carrying out theVietnam – Thailand strategic partnership in the 2014-2018 period in all areas.

In trade and investment, the two countries are making efforts to increase bilateral trade turnover to USD20 billion by 2020. Praising the Amata Group’s early investment in Vietnam in the 1990s, the Vietnamese Deputy Prime Minister suggested the group make greater contribution to building and developing industrial zones and hi-tech zones in Vietnam.

Amata Group President Vikrom Kromadit expressed his thanks to the Vietnamese Government, ministries and localities for making favourable conditions for the group’s investment over the past 20 years.

He also appreciated the Vietnamese Government’s efforts in making a clear and equal business environment between domestic and foreign businesses, showing his support for Vietnam’s recent investment attraction and production development policies.

Amata Group was among the initial Thai businesses realizing the great investment potential in Vietnam. It established the Bien Hoa Amata Industrial Zone in 1994. In the future, Amata looks towards the building of smart cities and hi-tech industrial zones in Vietnam, including an expected industrial – urban complex in Dong Nai and Quang Ninh provinces using tens of billions of USD./.

Compiled by BTA