Vietnam - Thailand

National Assembly (NA) Chairman Vuong Dinh Hue on December 8 made several suggestions for turning economic, trade, and investment ties into a true cooperation pillar between Vietnam and Thailand.

For the period of 2022-2027, Thailand and Vietnam have signed many memorandums of understanding on economic cooperation, and the two sides are also committed to increasing cross-border trade activities by land, sea and air ways; and are coordinating with the Thai Business Association (ThaiCham) to promote the increase of bilateral trade turnover to USD25 billion by 2025.