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Vietnam, Thailand hoped to boost ties in electronics industries

access_time Mar 18,2017 chat_bubble_outline 67 views
Vietnam, Thailand hoped to boost ties in electronics industries

Panjamanond, head of the industrial products division at the ministry’s Department of International Trade Promotion, made the remark at an event in Ho Chi Minh City on March 17 to introduce electronics and refrigeration exhibitions.

The two countries can become partners in producing electronic and refrigerating equipment as their respective assets can support each other, he said, elaborating that Vietnam has certain strengths in producing solid-state drives for refrigerators, TVs and air conditioners. Meanwhile, Thailand is regarded as one of the world’s manufacturing hubs, with a number of famous electronics and refrigeration brands.

The official noted stronger bilateral cooperation can help the two countries increase trade, pointing out the fact that Vietnam is importing a relatively large number of electronic equipment from Thailand. However, these imports are mainly conducted through a third party, pushing up prices when the products are sold in Vietnam.

Thailand hopes that more and more Vietnamese businesses will partner with Thai producers to beef up the trade of electronic and refrigerating products. It can also assist Vietnam in manufacturing electronic and refrigeration equipment by providing high-quality components.

Sarod Nikimaew, a representative of the organising board of the Bangkok RHVAC 2017 and Bangkok E&E 2017 exhibitions, said Thailand opens large-scale fairs to connect global enterprises with leading manufacturers in the complete supply chain of electronic and refrigeration products.

Bangkok RHVAC 2017 is one of the world’s five biggest trade fairs on refrigeration, heating, ventilation and air conditioning. Meanwhile, Bangkok E&E 2017 will showcase the latest technologies for electronics production. Both events are scheduled to take place in Bangkok from September 7-10.

The organising board said Vietnam should make use of these exhibitions to make its outstanding electronic and refrigeration products better known.

Atletico beats Eibar 3-0 in 1st leg of Copa del Rey quarters

MADRID (AP) — Atletico Madrid easily defeated Eibar 3-0 in a first-leg quarterfinal of the Copa del Rey on Thursday.Antoine Griezmann, Angel Correa, and Kevin Gameiro scored at Vicente Calderon Stadium to set up Atletico well for the return match in Basque Country next week."We have a significant advantage but we can't relax for a bit," Atletico defender Jose Gimenez said.Griezmann put the hosts ahead with a header in the 28th minute after a ball redirected by Gimenez off a free kick. Correa… chat_bubble_outline Read More...

New policies to speed up state divestment present opportunities for investors

The raft of new policies that would reduce the number of fields exclusively operated by the government as well as those that would make more flexible and accelerate state divestment are going to create once-in-a-lifetime opportunities for investors. According to Nguyen Trong Dung, deputy head of the Central Steering Board for Enterprise Reform and Development under the Government Office, the Vietnamese government views the sale of state stakes as an important way to restructure the economy… chat_bubble_outline Read More...

Zika, dengue fever keep spreading in Ho Chi Minh City

A health worker fumigates a classroom to kill mosquitoes to prevent Zika virus in Ho Chi Minh City. Photo by VnExpress/Hoai Nhon Ho Chi Minh City health officials confirmed three more cases of Zika on Wednesday, raising the city's total to 65. The virus has now spread to 17 out of the city's 24 districts, with Binh Thanh ranking first with 13 cases, followed by District 2 with 11. Over the past week alone, 27 new infections have been confirmed. Apart from Zika, Vietnam’s largest city is also… chat_bubble_outline Read More...

UN base 'targeted' in Central Africa clashes

Bangui (Central African Republic) (AFP) - The UN peacekeeping force in Central African Republic (CAR) said Tuesday one of its bases had come under fire during clashes between rival groups, prompting its troops to respond.The violence erupted on Monday between rival factions of the so-called former Seleka Muslim rebel group in the town of Bria, 400 kilometres (250 miles) northeast of Bangui, MINUSCA said in a statement."The MINUSCA base was targeted by some elements of the FPRC before they were… chat_bubble_outline Read More...

Thai investor plans giant $800 mln industrial park in Vietnam

It is one of the three largest foreign industrial park developers in Vietnam. The Vietnamese subsidiary of Thailand’s industrial estate developer Amata Corporation is ready to invest $200 million in the first phase of its second industrial park in Vietnam. The park will be located in Long Thanh District in Dong Nai Province, a strategic location near Ho Chi Minh City, according to Vietnam's National Assembly website. Amata Vietnam Pcl will follow in the steps of other Thai retail giants… chat_bubble_outline Read More...

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