Southeast Asia Information Port (www.dnyxxg.com) - According to the Department of Domestic Market Management and Development, Ministry of Industry and Trade, during Thai Prime Minister Petunthan Shinawatra's official visit to Vietnam, representatives from the Ministry of Industry and Trade, including Director of the Department of Domestic Market Management and Development, Tran Huu Linh, and Director of the Department of Foreign Market Development, Xie Huang Linh, signed a memorandum of cooperation with Central Group of Thailand.
This memorandum marks a new phase in bilateral cooperation and aims to promote Vietnamese products in domestic and international markets between 2026 and 2028. Vietnamese Prime Minister Pham Minh Chinh and Thai Prime Minister Petunthan Shinawatra recently witnessed the exchange ceremony of the cooperation plan between the Ministry of Industry and Trade and Central Group of Thailand. The cooperation plan, developed through multiple consultations and communications, aims to strengthen the promotion of Vietnamese products and enhance the competitiveness of Vietnamese businesses, particularly in consumer goods, agricultural products, and aquatic products.
According to the agreement, Central Group will work closely with the Ministry of Industry and Trade to regularly organize trade promotion activities in Vietnam and selected other countries, including "Vietnam Products Week" in Thailand. The Central Group will also participate in the "Vietnam International Sourcing" series of events, serving as a bridge connecting domestic suppliers with international distribution systems. The Central Group pledged to provide detailed technical guidelines clarifying the standards and requirements for companies to enter its supermarket and shopping mall systems in various markets.
Within the framework of this cooperation, the Central Group will also research and promote agricultural product production projects that meet domestic and international quality standards, support companies distributing within its system, and participate in the development of distinctive Vietnamese agricultural product brands. Furthermore, the two sides will collaborate to improve the quality of human resources in the distribution and retail sectors through professional training and technical support programs. Notably, the Central Group will continue to participate in promoting the development of product consumption value chains in mountainous and ethnic minority areas, supporting the community livelihood models currently being promoted in Vietnam.
The Ministry of Industry and Trade of Vietnam reiterated its commitment to working closely with the Central Group to promote the specific implementation of the cooperation plan, supporting local governments and businesses, disseminating guidance information, sharing commercial infrastructure planning data, and ensuring that the cooperation proceeds in an orderly and legal manner. Both sides also pledged to maintain a regular dialogue mechanism to resolve any operational issues. The cooperation plan, which will run from 2026 to 2028, marks a new stage in the development of Vietnam-Thailand economic and trade cooperation and will contribute positively to the entry of Vietnamese products into regional and even global markets. (End)
