Home / Knowledge / News / Textiles / Thailand, Vietnam to enhance cooperation in textile sector
Thailand, Vietnam to enhance cooperation in textile sector
28
Jul '15
Nguyen Tan Dung (left) and Prayut Chan-o-cha/C: NNT
Nguyen Tan Dung (left) and Prayut Chan-o-cha/C: NNT
During their recent joint Cabinet meeting in Bangkok, Vietnamese Prime Minister Nguyen Tan Dung and his Thai counterpart Prayut Chan-o-cha agreed to intensify cooperation between the two countries in various sectors, including the textile sector.
 
At the meeting, Dung urged Thailand to increase its investments in Vietnam, especially in areas of mutual interest including in the textile-garment and footwear sector.
 
Both nations agreed to increase their bilateral trade to $20 billion by 2020. Thailand is already among the top 10 foreign direct investors in Vietnam. It is also the leading trade partner of Vietnam among the Asean members.
 
The two sides also agreed to expand people-to-people exchanges through the Vietnam-Thailand and Thailand-Vietnam friendship associations.
 
Both leaders pledged to continue working closely with other Asean nations to support the formation of the Asean Economic Community later this year.
 
Speaking separately at the Vietnam-Thailand business forum, Dung said Vietnam highly values Thai funded projects and assured investors that his country would create all favourable conditions for them to establish and develop stable businesses. (RKS)
 

Fibre2Fashion News Desk – India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Textiles | On 23rd Jan 2017

MagnaColours develops new sustainability standard

MagnaColours, manufacturer of printing inks and ink bases, discharge...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search