Vietnam, Thailand hoped to boost ties in electronics industries
Vietnam and Thailand have numerous opportunities to boost partnership in electronics and refrigeration industries, said Chanthapat Panjamanond, an official at the Thai Ministry of Commerce.
Representatives of Vietnamese and Thai companies talk on the fringe of the event (Photo: VNA)
HCM City (VNA) – Vietnam and Thailand have numerous opportunities to boostpartnership in electronics and refrigeration industries, said ChanthapatPanjamanond, an official at the Thai Ministry of Commerce.
Panjamanond,head of the industrial products division at the ministry’s Department ofInternational Trade Promotion, made the remark at an event in Ho Chi Minh Cityon March 17 to introduce electronics and refrigeration exhibitions.
The twocountries can become partners in producing electronic and refrigerating equipmentas their respective advantages can support each other, he said, elaboratingthat Vietnam has certain strengths in producing solid-state drives for refrigerators,TVs and air conditioners. Meanwhile, Thailand is regarded as one of the world’smanufacturing hubs with a number of famous electronics and refrigerationbrands.
The official notedstronger bilateral cooperation can help the two countries increase trade,pointing out the fact that Vietnam is importing a relatively large number ofelectronic equipment from Thailand. However, the import is mainly conductedthrough a third party, pushing up prices when the products are sold in Vietnam.
Thailand hopesthat more and more Vietnamese businesses will partner with Thai producers tobeef up the trading of electronic and refrigerating products. It can alsoassist Vietnam in manufacturing electrical, electronic and refrigerationequipment by providing high-quality components.
Sarod Nikimaew,a representative of the organising board of the Bangkok RHVAC 2017 and BangkokE&E 2017 exhibitions, said Thailand opens large-scale fairs to connect globalenterprises with leading manufacturers in the complete supply chain ofelectric, electronic and refrigeration products.
Bangkok RHVAC2017 is one of the world’s five biggest trade fairs on refrigeration, heating,ventilation, and air-conditioning. Meanwhile, Bangkok E&E 2017 will showcase the latest technologies forelectronic production. Both events are scheduled to take place in Bangkok fromSeptember 7-10.
The organisingboard said Vietnam should make use of these exhibitions to popularise itsoutstanding electronic and refrigeration products.-VNA
The Vietnamese Foreign Ministry and its Thai counterpart convened the sixth political consultation, saying that cooperation activities in 2016 reinforced the countries’ strategic partnership.
The northern mountainous province of Dien Bien and Thailand’s northernmost province of Chiang Rai will make a beeline for forming a cross-border tourism route from Thailand to Dien Bien via Laos.
Strengthening comprehensive cooperation with Thailand, including in the field of defence, is one of the priorities of Vietnam, affirmed Defence Minister Ngo Xuan Lich at a meeting with Thai Prime Minister Prayut Chan-ocha in Bangkok on February 22.
NA Vice Chairman Do Ba Ty has praised the contribution of the Thailand-Vietnam Friendship Parliamentarian Group to the two countries’ strategic partnership and the two parliaments’ collaboration.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Representatives of Vietnamese and Thai companies talk on the fringe of the event (Photo: VNA) 
