Regional Outlook, Global Perspective

THAILAND-WHY VIETNAM IS SUCH A MAGNET FOR BAHT

THAILAND-WHY VIETNAM IS SUCH A MAGNET FOR BAHT
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The Nation-Sept 28

Thailand is being left behind when it should be learning from the success story to its east. Vietnam has attracted a growing number of big Thai corporations to invest in its huge domestic market of 96 million people, a new trend that should be closely watched by Thai economic planners. While Vietnam’s GDP is half the size of Thailand’s – US$223 billion to $455 billion in 2017 – its economy has for years been growing at a much faster rate, averaging 6-7 per cent per annum.

Read more at: http://www.nationmultimedia.com/detail/opinion/30355371

First published in: The Nation

 

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