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Vietnam, Thailand to sign 5 deals during PM Dung’s visit

Vietnam, Thailand to sign 5 deals during PM Dung’s visit

Thursday, July 23, 2015, 16:29 GMT+7

Vietnam’s Prime Minister Nguyen Tan Dung left Hanoi for Thailand on Thursday for an official visit during which he and his Thai counterpart will discuss measures to boost their countries’ strategic partnership and sign five cooperation deals. The visit, during which PM Dung will attend the third Vietnam-Thailand Joint Cabinet meeting, is made at the invitation of Thai Prime Minister Prayut Chan-o-cha. The Vietnamese government chief is accompanied by Deputy Prime Minister and Foreign Minister Pham Binh Minh, Deputy Prime Minister Vu Duc Dam, several other ministers, leaders of a number of provinces, and representatives of about 30 Vietnamese businesses.

The visit is to consolidate and strengthen the bilateral strategic partnership across politics, defense, security, economy, trade, investment and labor, as well as intensify the affiliation between the two nations. During the trip, the two sides will also discuss solutions to issues related to using water from the Mekong River, labor, and the East Vietnam Sea. After the third Vietnam-Thailand Joint Cabinet meeting, PM Dung and his Thai counterpart will sign five cooperation agreements including those on labor and cooperation between localities of the two countries, according to the Vietnamese Ministry of Foreign Affairs. PM Dung will also pay a courtesy visit to Thai Princess Maha Chakri Sirindhorn, attend a Vietnam-Thailand business dialogue, and meet with representatives of the Vietnamese community in Thailand. Trade between the two Southeast Asian nations topped US$10.6 billion in 2014 and $4.35 billion in the first five months of 2015, according to the Vietnam News Agency. By June this year, Thailand had been the 10th largest investor among 101 territories and countries investing in Vietnam, with 392 projects and a total registered capital of $6.8 billion, the news agency said. 

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