Feb 2, 2014

Vietnam And Thailand Establish Cooperation

Vietnam’s Danang City and Thailand’s Khon Kaen province recently signed a Letter of Intent to establish cooperation in tourism, education, culture, investment and trade.

The coorperation was inked 16 January to encourage both destinations to improve competitiveness.

Danang, located in the central region of Vietnam, and Khon Kaen in the centre of Northeast Thailand are on the East-West Economic corridor linking Myanmar, Thailand, Laos and Vietnam.

They have seen modest trade exchanges in previous years. Their export-import turnover was about US$31.2 million in 2012. Only one company from Thailand has so far invested in Danang and three enterprises have opened representative offices.

Danang University also officially included the Thai language in its curriculum in 2006.

Danang welcomed 3.1 million tourists last year, of which 750,000 were foreigners. Only 45,000 tourists from Thailand visited the central city and other destinations in the central region.

Khon Kaen is a major commercial town on the main highway and rail line linking Bangkok and Vientiane the capital of Laos.  At the heart of the northeast region it is known for its universities, commerce and agricultural trade.
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