Vietnam's trade representative in Thailand urged small- and medium-size enterprises (SMEs) to look into the Thai market for new sales opportunities arising from local consumers and the country's flock of tourists.
Thailand represents a potentially profitable export market for SMEs selling porcelain, pottery or lacquerware. “Other Vietnamese crafts are also well placed for price competition with Thai goods”, Commercial Counsellor Cao Nang Gian said, “but retailers first need to gain an understanding of the market.”
The balance of trade between the two neighbours is currently tilted in favour of Thailand, whose exports to Vietnam are worth US$900 million a year.
Source: PR Newswire
