Thailand retains position as Vietnam's largest trade partner in ASEAN despite Covid-19

Thailand remains Vietnam’s largest trade partner in ASEAN and the ninth largest investor despite the Covid-19 pandemic.
May 20, 2021 | 08:19
Vietnam-Thailand Friendship Association in Dong Nai gifts 15,000 medical masks to Thai people Vietnam-Thailand Friendship Association in Dong Nai gifts 15,000 medical masks to Thai people
Vietnamese in Thailand asked not to enter homeland through illegal services Vietnamese in Thailand asked not to enter homeland through illegal services
Thai Consulate General donates wheelchairs to disabled people in Long An Thai Consulate General donates wheelchairs to disabled people in Long An
Thailand retains position as largest Vietnam's largest trade partner in ASEAN despite Covid-19
Foreign Minister Bui Thanh Son. Photo: Foreign Ministry

Vietnam's Foreign Minister Bui Thanh Son and Deputy Prime Minister and Foreign Minister of Thailand Don Pramudwinai agreed to implement measures to raise bilateral trade to 25 billion U.S. dollars soon during their phone talks on May 19, reported VNA.

Don Pramudwinai spoke highly of Vietnam’s fight against Covid-19, socio-economic development, significant external achievements, success in its role as ASEAN Chair 2020, a non-permanent member of the United Nations Security Council (UNSC) and UNSC Chair in April.

He affirmed that Thailand attaches importance to the enhanced strategic partnership with Vietnam.

Son, for his part, lauded the efficiency of bilateral collaboration in various areas.

Thailand currently ranks the nineth biggest investment partner of Vietnam with 603 FDI projects worth 13 billion U.S. dollars.

Both sides consented to closely work to celebrate the 45th anniversary of bilateral diplomatic ties (August 6), continue facilitating the exchange of delegations at all levels, effectively carry out bilateral cooperation mechanisms, including the fourth Joint Cabinet meeting co-chaired by the two PMs, the fourth Inter-Committee on Bilateral Cooperation at ministerial level, and the eighth political consultation at deputy ministerial level.

They agreed to soon sign an action programme to realise enhanced strategic partnership for the 2021-2025 period, work closely together to cope with the pandemic and access safe and effective vaccines.

Minister Son suggested Thailand mitigate trade barriers and share information related to export-import procedures and regulations.

Thailand retains position as largest Vietnam's largest trade partner in ASEAN despite Covid-19
Foreign Minister of Thailand Don Pramudwinai. Photo: Foreign Ministry

On regional and global issues of shared concern, they affirmed ASEAN’s central role in helping Myanmar overcome existing challenges.

The two sides pledged to partner with ASEAN to push forward Myanmar’s implementation of “Five-point consensus” adopted at the ASEAN Leaders’ Summit in April.

Vietnam and Thailand are celebrating the 45th anniversary of diplomatic ties this year.

Thailand on May 19 reported 3,394 new Covid-19 cases, raising the national count to 116,949; and 29 related fatalities, bringing the death toll to 678./.

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