Thai enterprises to pour investment in Vietnam

The Ho Chi Minh City Union of Friendship Organization (HUFO) said yesterday 2,000 Thai enterprises have registered to invest into Vietnam through Thailand Embassy.

It hard for Vietnamese enterprises to develop business in the country as they are focusing on export and Thai enterprises speed up investing in Vietnamese domestic market.

Vietnamese enterprises will face fierce competition in upcoming time when Thai enterprises are planning to pour cash into Vietnam.

Thai enterprises affirmed that they have prepared for their investment in Vietnam for so long time.
Mr. Le Hung Quoc, Chairman of HUFO said of course, Vietnamese enterprises will face much more challenges.

According to  a survey from Vietnam Trade & Investment Division, 20 percent of Vietnamese enterprises do not know about the TPP, 45 percent of them understand information about the TPP and only 9 percent seek clear information & trade opportunities in the TPP.

Ai Van -Translated by T.Tran

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