Prime Minister and Minister of Interior Anutin Charnvirakul has emphasized the concept of “Growing Together” in enhancing all dimensions of cooperation between Thailand and the Socialist Republic of Vietnam.

The Prime Minister began his two-day official visit in Vietnam on 8 June, when he met representatives of Thai companies investing and conducting business in Vietnam to exchange views on trade, investment, and business opportunities in the country. Participants included representatives of Thai businesses operating in the energy, retail and real estate, petrochemical, industrial estate, consumer goods, and banking and financial sectors.

Prime Minister Anutin said that both Thailand and Vietnam complement each other. Vietnam plays an important role in the global production chain, while Thailand is strong in industries, logistics, and regional connectivity. The two nations possess immense potential to leverage their Comprehensive Strategic Partnership to drive ASEAN’s economic future.

Private sector representatives shared updates in the meeting on their business operations in Vietnam. Companies in the energy, retail and manufacturing sectors indicated plans to further expand their investments in the future. They also proposed measures to enhance the business environment and improve operational efficiency, including facilitating investment approval processes, maximizing the benefits of the Thailand -  Vietnam Comprehensive Strategic Partnership, and strengthening coordination mechanisms to support operations of Thai investors.

The private sector representatives also shared their perspectives on Vietnam’s economic development, including infrastructure development, public administration reform, the promotion of energy security, and the enhancement of the country’s economic role. These factors have significantly contributed to strengthening confidence among foreign investors. Many companies agreed that Thailand and Vietnam can grow together through closer economic, trade and investment cooperation, particularly through shared supply chains.

Deputy Prime Minister and Minister of Foreign Affairs Sihasak Phuangketkeow noted that the Thai government attaches great importance to promoting Thai businesses overseas, saying that Vietnam is an important Comprehensive Strategic Partner of Thailand. The Ministry of Foreign Affairs will make full use of existing bilateral cooperation mechanisms, including proposing the convening of the Joint Commission for Bilateral Cooperation at the foreign minister level within this year, as well as following up on the implementation of the Comprehensive Strategic Partnership Action Plan and the Joint Trade Committee meeting within the same timeframe, which will allow both governments to monitor and advance trade and investment cooperation, while also facilitating the operations of businesses.