Vietnam businesses presented with opportunities to expand global reach

Aug 19th at 13:27
19-08-2023 13:27:25+07:00

Vietnam businesses presented with opportunities to expand global reach

Vietnamese firms joining Thailand's exhibitions could gain insights and exposure to technologies driving innovation in Vietnam's industries.

Thailand, in its latest development strategy, would invite Vietnamese businesses to participate in world-class tourism events and exhibitions to boost economic recovery and promote bilateral cooperation and business opportunities.

TCEB's Vice Chairman Puripan Bunnag addresses the press briefing. Photo: Khac Kien/The Hanoi Times

Thailand Convention and Exhibition Bureau (TCEB) Vice Chairman Puripan Bunnag announced the move at a press briefing on August 17.

TCEB aims to encourage the participation of Vietnamese business representatives in trade exhibitions held in Thailand, facilitating them to gain valuable industry insights and exposure to a spectrum of technologies poised to catalyze industrial advancement and innovation in Vietnam, Bunnag said.

According to Bunnag, Thailand will host about 50-60 specialized exhibitions and fairs in various fields for the rest of the year, providing a golden opportunity for Vietnamese enterprises to forge partnerships and carry out promotional and trade promotion efforts.

Moreover, Vietnam is among the top five nations  sending tourists to Thailand in 2022. Aside from the benefits of participating in Thailand's exhibitions, individuals on business trips to Thailand have the prospect of immersing themselves in Thai culture, scenery and warm hospitality, he noted.

"Thailand's MICE [meetings, incentives, conferences, exhibitions] sector generates an estimated US$2.83 billion in annual revenue. Since the beginning of 2023, TCEB has extended its support to more than 45 international exhibitions. TCEB believes that exhibitions play a key role in imparting technical knowledge and guiding innovation," Bunnag emphasized.

Hanoi Times





NEWS SAME CATEGORY

An Giang to boost start-up projects and initiatives

The People's Committee of An Giang Province has issued a resolution on a number of key policies and solutions to support businesses in developing sustainably by...

PM Pham Minh Chinh appeals Vietnam-Israel free trade agreement

Innovation is one of Israel's strengths, with approximately 10,000 startups out of a population of 10 million.

HCM City to create optimal conditions to attract Korean investors

HCM City authorities are committed to creating an optimal environment for foreign businesses, particularly those from South Korea, said a city official.

Honouring the 100 most valuable brands in Vietnam 2023

The Brand Finance-Mibrand Vietnam Forum 2023 honoured the 100 most valuable brands in the Vietnam on August 15, highlighting their efforts in terms of digital...

New economic challenges and competition expected

Despite good signals on economic recovery, there are many uncertainties that can affect Vietnam. Phan Duc Hieu, standing member of the National Assembly Economic...

Bright future for Vietnam’s foreign investment attraction: insiders

Vietnam's foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the...

FDI attraction, consumption, tourism silver linings of Vietnam’s H2 economic growth

Foreign direct investment (FDI) attraction, consumption, and tourism are considered silver linings in Vietnam’s economic growth in the coming months of this year...

Heavy tasks set up to reach growth goals

The government is placing prime priority on boosting economic growth via key drivers, with the business community set to get more assistance.

SMEs development fund plans further reduced interest rates

The Ministry of Planning and Investment (MPI) has just submitted a proposal to the government to bolster support for Vietnamese start-up enterprises to facilitate...

Việt Nam’s economic growth projected to rebound from 2024

Việt Nam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).


MOST READ


Back To Top