Second Top Thai Brands kicks off in Vientiane
Second Top Thai Brands kicks off in Vientiane
The second Top Thai Brands, an annual fair of Thai brand products, began yesterday featuring products as well as services from Thailand at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC) in Vientiane.
The five-day event was organised by the International Trade Promotion Department and the Thai Ministry of Commerce together with the Trade Promotion and Production Development Department under the Lao Ministry of Industry and Commerce.
Deputy Minister of Industry and Commerce in Laos MrPhanthongPhitthoumma and Thai Ambassador to Laos MrNoppadonTheppitak also presented at the opening ceremony.
More than 192 booths from Thailand and other 20 booths from Laos are displaying their high quality products and services ranging from building materials, household items, electronic appliances, food and beverages, garment and fashion accessories as well as health care.
Thai Minister CounsellorMsYaneeSrimeechai revealed that the department has been working in close cooperation with three main business associations; the Thai Chamber of Commerce, the Federation of Thai Industries and Thai National Shippers’ Council to select the top businesses and top quality products from Thailand to present at the trade fair.
The purpose of this year’s trade fair aims not only to promote trade and investment between Thailand and Laos in both terms of volume and value along with the promotion of strong business networking but also encourages the consumption demand of good quality products and services with their original trademarks.
This is to motivate and offer opportunities to both countries to together step further towards globalisation.
Laos and Thailand have a long tradition of cooperation while Thailand remains the main trading partner of Laos with trade and investment having increased over the last few years.
Major exports from Laos to Thailand include electricity, copper, tobacco, vegetables, and minerals.
Laos, in turn, imports fuel, vehicles, electronic items and machinery from Thailand. Exports from Laos to Thailand reached US$2 billion last year, while imports were US$2.59 billion, according to the Lao Ministry of Industry and Commerce.
Thai Minister Counsellor further stated that besides the tradeshow this year’s fair also carries various special activities over the period of five days. A combination of special activities consists of a presentation of projects initiated by His Majesty the King, Thailand’s Trust Mart Zone, Top Thai Brands Zone, as well as seminars from VIP speakers and Thai artists who have succeeded in running overseas businesses.
Those interested in the trade show and special activities can visit the fair from June 7-11 from 10 am to 10pm at Lao-ITECC.
