Vietnam and Thailand Expand Cooperation Across Sectors

Vietnam and Thailand Expand Cooperation Across Sectors

Vietnam’s Deputy Prime Minister & Foreign Minister, Pham Binh Minh and Thailand’s Foreign Minister, Don Pramudwinai shared views on cooperation between the two countries during a virtual talk on September 3rd of this week.

Both sides agreed to conduct more all-level meetings and visits and work together in preparation for the activities for the 45th anniversary of their bilateral diplomatic ties in 2021. In addition, the nations will continue to utilize current bilateral cooperation mechanisms, which include organizing a 4th joint cabinet meeting and the signing of an action plan for the implementation of their enhanced strategic partnership for 2021-2025.

Vietnam and Thailand are targeting bilateral trade of $20 million annually and sign a new labor agreement. Vietnam commits to creating beneficial conditions for Thailand to invest in its strong industries, while Thailand will continue to encourage and support its investors to invest in Vietnam. Both countries approve to the expansion of cooperation in the areas of education, tourism, culture, and people-to-people exchange.

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