The conference is an opportunity for policy makers and the business community to share and propose strategic solutions to facilitate stakeholders to participate more deeply in the supply chain, promoting the production and consumption of goods.
Ms. Nguyen Minh Hang - Deputy Minister of Foreign Affairs said that Thailand is currently Vietnam's largest trading partner and second largest foreign investor in ASEAN.
With 19 pairs of twinned localities, Vietnam and Thailand are the two countries with the largest number of twinned localities among ASEAN member countries.
According to Ms. Hang, Vietnam and Thailand are striving to soon increase two-way trade turnover to 25 billion USD in a more balanced and sustainable direction. This is an opportunity for businesses and localities of the two countries to promote cooperation, expand business and investment, and facilitate market access for goods from each country.
At the same time, this is an opportunity for the two countries to seize new development opportunities in the face of epochal changes in the world, promoting and facilitating investment in high-priority areas of each country such as digital economy, green economy, high technology, etc.
According to Mr. Ho Ky Minh - Permanent Vice Chairman of the People's Committee of Da Nang City, Da Nang has a particularly favorable geographical location and is one of the gateways to the sea of the East-West Economic Corridor, with the potential to become part of the global supply chain and production network due to its favorable connection to the Pacific and Indian Ocean regions, as well as the potential to become a city of sustainable tourism development as a connecting point for world heritages in the region.
Maximizing the strategic advantages of Da Nang, the local government has implemented many policies to help Da Nang become a major socio-economic center of the country, a center of marine economy, forming a logistics service supply chain in the Central region with a central role, moving towards becoming an important trading hub in the Southeast Asian region.
