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Most of the visiting co-operatives, specialising in milk, beef, rice, processed fruit and other products, were looking to find importers and distributors in Viet Nam.—File Photo
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HCM CITY (Biz Hub)– A delegation of co-operatives from Thailand, led by the Co-operatives Promotion Department, met with Vietnamese company executives in HCM City on Tuesday to explore business opportunities.
Most of the visiting co-operatives, specialising in milk, beef, rice, processed fruit and other products, were looking to find importers and distributors in Viet Nam.
Speaking at the Viet Nam-Thailand Business Meeting, Opat Klanbut, deputy general director of the Co-operatives Promotion Department of Thailand, said Thai co-operatives can ensure regular supply of good quality farm produce and raw materials to Vietnamese partners.
Klanbut said "we hope to sign MoUs with Vietnamese co-operatives to boost trade ties and other activities.
"Thai co-operatives also want to open factories producing milk, meat and processed food in Viet Nam," he said.
Bilateral trade between Viet Nam and Thailand has increased strongly in recent years, he said, adding that the business trip is expected to enhance further trade relation of the two countries, he said.
There are more than 7,100 co-operatives in Thailand with over 10 million members. They contribute about 19 per cent of the country's GDP.
The Viet Nam-Thailand business meeting was organised by the Co-operative Promotion Department of Thailand and the Viet Nam Chamber of Commerce and Industry in HCM City. - VNS