World

American businessmen confident of Thai economy

American businessmen have confirmed their confidence in the Thai economy and expressed readiness to strengthen the Thailand-US trade ties.
American businessmen confident of Thai economy ảnh 1Prime Minister Prayut Chan-o-cha recently had a meeting with a group of American businessmen (Photo: thainews.prd.go.th)

Bangkok (NNT/VNA) - Americanbusinessmen have confirmed their confidence in the Thai economy and expressedreadiness to strengthen the Thailand-US trade ties. 

On September 25, President of the Thai Chamber of Commerceand Board of Trade of Thailand Klin Sarasin accompanied a group of Americanbusinessmen in a meeting with Prime Minister Prayut Chan-o-cha at the GovernmentHouse.

The PM thanked the US businessmen for persuading their compatriots to invest inThailand, resulting in an ongoing increase in trade value between the twocountries. 

The premier stressed that the government is focusing on theuse of innovation and technology to develop 10 target industries such as agriculture,vehicle building, aviation and medicine in line with the Thailand 4.0 policy. 

The government is also trying to increase investor confidencein the Thai business environment, he said. 

Meanwhile, the minister counselor of the US embassy inThailand said American businessmen have confidence in Thailand and wish tostrengthen the economic and business ties between the two countries.-NNT/VNA
VNA
#Thailand-US trade ties#Thai Chamber of Commerce#Thai economy#US businesses in Thailand#US businessmen in Thailand#Thai Prime Minister Prayut Chan-o-cha#investor confidence in the Thai business environment#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Thailand to keep interest rate unchanged

Thailand to keep interest rate unchanged

Thailand’s central bank plans to keep its interest rate unchanged again on August 8 to aid economic growth as inflation remains benign and policymakers say capital outflows are not currently a concern, according to Reuters.
Household debts exert pressure on Thai economy

Household debts exert pressure on Thai economy

With a debt mountain of 12.17 trillion THB (372 billion USD), or 77.6 percent of the national GDP at the end of March, Thai households are among the biggest borrowers in Asia, and they find it difficult to keep up with payments.
Bright prospects predicted for Thai economy

Bright prospects predicted for Thai economy

The University of Thai Chamber of Commerce (UTCC) has raised its forecast of Thailand’s economic growth this year to 4.6 percent from an earlier estimate of 4.5 percent after improved export, tourism and crop prices.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.