Thai software makers see local opportunities

April 23, 2009

LookAtVietnam – Viet Nam’s software market has experienced rapid growth in recent years, and Thailand sees good business opportunities here, according to the president of the Thai Software Export Promotion company (TSEP) Punnotok Chalermpon.

After the first seminar was held in Viet Nam last year, many Vietnamese companies have successfully worked with Thai partners as well as others from Japan, the Philippines and Indonesia.

In an interview with the Vietnam News Agency on the sidelines of a seminar on software solutions held in Ha Noi on Tuesday, Punnotok Chalermpon said that this was a suitable time for Thai businesses to invest in software in Viet Nam. He added that as the economy has seen signs of recovery, competitiveness between different markets was high.

Stressing the advantages of Thai businesses in the Thai market and other Asian countries, Punnotok Chalermpon pledged to help Vietnamese businesses access information on the most advanced technologies.

After the first seminar was held in Viet Nam last year, many Vietnamese companies have successfully worked with Thai partners as well as others from Japan, the Philippines and Indonesia.

This year’s seminar, jointly hosted by the Thai Embassy’s Trade Office in Viet Nam and the Advertising and Trade Fair Joint Stock Company of Viet Nam, attracted nine of Thailand’s leading software companies.

A similar seminar is scheduled to be held in HCM City today.

Since Viet Nam brought into effect the Foreign Investment Law in 1988, trade and investment links between Thailand and Viet Nam have continuously grown.

In 2008, bilateral trade turnover hit almost US$6.2 billion, a year- on-year increase of 31 per cent. By March this year, Thailand had 198 projects operating in Viet Nam with a combined registered capital of nearly $5.7 billion.

VietNamNet/Viet Nam News

 

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