World

Thailand promotes trade to support exports

Thailand’s Ministry of Commerce plans to cooperate with the private sector to promote trade in 16 countries to boost export growth in 2020, according to a local official.
Thailand promotes trade to support exports ảnh 1Thailand’s exports in January-October 2019 reduced 2.4 percent year-on-year to 207.32 billion USD, while imports declined 4.1 percent to 199 billion USD. (Illustrative image. Source: thainews.prd)

Bangkok (VNA) – Thailand’s Ministryof Commerce plans to cooperate with the private sector to promote trade in 16countries to boost export growth in 2020, according to a local official.

After talks with commerce officials on December9, Thai Deputy Prime Minister cum Commerce Minister Jurin Laksanawisit revealedthat trade destinations targeted for 2020 include India, Japan, South Africa,Sri Lanka, Hong Kong, China, Vietnam, France, the UK, the Middle East, Russia,Australia, New Zealand, the Republic of Korea, Bangladesh, the Maldives,Cambodia and Timor Leste.

Local media reported that Jurin has orderedcommerce officials and directors of Thai trade centers in 58 offices worldwideto seek opportunities to start new regional trade and cooperation agreementswith states in India and Chinese provinces.

Thailand’s exports in January-October 2019reduced 2.4 percent year-on-year to 207.32 billion USD, while imports declined4.1 percent to 199 billion USD./.
VNA
#Thailand’s Ministry of Commerce#private sector#promote trade#boost export growth#Thai Deputy Prime Minister cum Commerce Minister Jurin Laksanawisit#India#China#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Vietnam’s trade deficit with Thailand to balloon

Vietnam’s trade deficit with Thailand to balloon

Vietnam-Thailand trade is likely to hit 20 billion USD in 2020, but the target to keep the trade value in balance may not be met with Vietnam currently running huge trade deficit with the neighbouring country.
Conference promotes Vietnam-Thailand trade

Conference promotes Vietnam-Thailand trade

The Business Association of Overseas Vietnamese (BAOOV) and the Business Association of Thai Vietnam (BAOTV) have organised a conference on trade promotion in Thailand’s Udon Thani province from September 27-30.
E-commerce helps boost China-Thailand trade: experts

E-commerce helps boost China-Thailand trade: experts

Cross-border e-commerce whets the appetite of millions of Chinese consumers for Thailand’s fresh fruits, including “Monthong” durian, which is not easy to find in the Chinese market when cross-border e-commerce didn’t rise between China and Thailand, according to an article run by Xinhua news agency.

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.