BANGKOK, Thailand – The Thai premier met with Thai business leaders operating in Vietnam, including representatives from EXIM Bank, SCG, CP, Amata, and Central Group. She said investors shared both the benefits and challenges of doing business in Vietnam and noted that some local laws there are highly conducive to investment. She stressed the importance of stable governments that can complete their terms, which fosters long-term confidence—something she hopes Thailand can achieve consistently.
The Prime Minister also engaged with key Vietnamese companies, including SOVICO Group and Vietjet Air. Discussions with Vietjet Air explored the launch of direct flights connecting Vietnam with Nakhon Phanom and Udon Thani. These routes align with growing tourism and business ties, especially since Udon Thani is home to a thriving Vietnamese community.
She also met with FPT Corporation, Vietnam’s tech and AI leader, which already collaborates with Khon Kaen University. Talks focused on opportunities to invest in future industries such as semiconductors and data centers. Thailand is looking to support human capital and academic-industry partnerships to accelerate these developments. The Ministry of Foreign Affairs and the Board of Investment will follow up on investment facilitation.
Regarding the impact of US tariff hikes on Thai exports, she said initial concerns from both Thai and Vietnamese businesses have since eased. She noted that constructive discussions and well-prepared proposals from Thailand have gained recognition from the US Treasury Secretary. The Thai proposal was praised for its practicality, raising expectations for further negotiations soon. While no official meeting date has been set yet, signals from the US side suggest talks may begin in the near future.
Deputy Prime Minister and Finance Minister Pichai Chunhavajira continues to monitor the situation closely. (NNT)
