Thai enterprises optimistic about Vietnam’s economic outlook

Many Thai companies have expressed their confidence in the bright future of the Vietnamese economy following the country’s success in containing COVID-19 and promoting economic recovery.
Thai enterprises receive the Vietnamese Foreign Minister's certificates of merit for their contributions to fighting COVID-19.
Thai enterprises receive the Vietnamese Foreign Minister's certificates of merit for their contributions to fighting COVID-19.

For them, Vietnam is an attractive investment destination with high GDP growth and a conducive business climate.

As of June 2022, Thailand is the ninth largest foreign investor in Vietnam, with a total of 13 billion USD across more than 600 active projects.

With the coronavirus pandemic now under control, the Vietnamese economy is projected by many international organisations to grow by about 6% this year.

According to Aswin Techajareonvikul, CEO and President of Berli Jucker, the group’s business in Vietnam has recovered to the pre-pandemic level and its investment projects are witnessing good progress.

He added that thanks to the Vietnamese government’s various policies to attract foreign investment, the economy has seen rapid growth, noting that this is why Thai and Southeast Asian companies wish to pour further investment in Vietnam.

Amata Vietnam CEO Somhatai Panichewa said that Vietnam is one of the economic bright spots in Asia as the only economy with positive growth during the pandemic.

B.Grimm Power Chairman Harald Link expressed his confidence about Vietnam becoming more prosperous thanks to having a hard-working population and a government that is working to promote economic development and support foreign investors.

NDO