MCOT (5 December 2007)
Ha Noi, Dec 4 (VNA) - Given the two countries' time-honoured relations and similarities, Viet Nam-Thailand cooperative ties will develop strongly in all areas in the future, Thai ambassador to Viet Nam Kittiphong Na Ranong said on December 3.
The Thai diplomat made the remark at a ceremony to mark the 80 th birthday of King Bhumibol Adulyadej and Thailand 's National Day (Dec. 5) in Ha Noi.
Speaking at the event, Ta Quang Ngoc, President of the Viet Nam-Thailand Friendship Association, highly appreciated the Thai embassy's assistance to the association.
He reviewed the two countries' relations over the past 31 years since they established diplomatic ties in 1976, highlighting nearly 30 agreements on bilateral cooperation in all areas from economy, trade and investment to culture tourism and environment.
Viet Nam-Thailand bilateral trade has developed rapidly over the past years, reaching 2.1 billion USD in the first half of 2007. Of the figure, Viet Nam 's exports to Thailand reached 468 million USD and imported from the country nearly 1.6 billion USD. Thailand isnow Viet Nam's 6 th largest import market.
Viet Nam mainly exports to Thailand computers and accessories, crude oil, seafood, coal, electronics, groundnut and plastic products; and imports petrol, plastic materials and motorbike parts.
By the end of October, Thailand had invested in 160 projects in Viet Nam, with a total registered capital of 1.56 billion USD, ranking 12 th among foreign investors in Viet Nam and 3 rd among southeast Asian investors.
As two members of the Association of Southeast Asian Nations (ASEAN), Viet Nam and Thailand have also effectively coordinated in implementing regional and international cooperation projects such as the East-West Corridor, the Greater Mekong Sub region (GMS) and the Ayeyawady-Chao Phraya- Mekong Economic Cooperation Strategy (ACMECS).
Other activities marking Thailand 's 80 th National Day will be also held in Ha Noi on December 3 and 5. (VNA)
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