PUBLISHED: 11 May 2025 at 18: 06
On May 15 and 16, Vietnam’s Prime Minister Paetongtarn Shinawatra will visit the country for talks aimed at boosting bilateral relations. Both countries are expected to improve their relationship to a Comprehensive Strategic Partnership, the highest level of political relations Vietnam offers its friends.
The visit will include the fourth Thailand-Vietnam Joint Cabinet Retreat (JCR ), where PM Paetongtarn and Vietnamese Prime Minister Pham Minh Chinh will lead discussions to improve political trust, economic cohesion, and regional security ties.
The filing of a joint statement to officially establish the new corporate partnership, which may strengthen cooperation across three key pillars: lasting peace, green growth, and lasting future, will be a highlight of the trip.
According to government spokesman Jirayu Houngsub, the agreement may increase cooperation in social, defense, and worldwide security issues, particularly in the fight against international crime and drug trafficking.
He added that it will promote the natural business, digital economy, and modern transformation while also promoting economic cooperation in the fields of labor, employment, social welfare, and the grassroots economy.
Through cross-border transactions and startups, the deal places a high priority on participation in science, technology, and creativity, as well as promoting knowledge exchange in cybersecurity and artificial intelligence.
Through social markets, training, hospitality, and more immediate flights between the two countries, he added, the partnership also aims to foster reciprocal understanding and closer people-to-people ties.
An updated memorandum of understanding ( MoU) will also be signed by Vietnam’s Ministry of Industry and Trade, according to Mr. Jirayu.  ,
This MoU may ease industry by removing non-tariff barriers, strengthening supply network connections, encouraging agrarian, food, and border trade, and promoting shared investment by private companies from both countries.
This agreement will be crucial to achieving the goal of sustainable and balanced bilateral trade of$ 25 billion annually, he said.
The MoU also includes information on digital and technological cooperation, SME development, and knowledge exchange in the green economy. It also promotes regular Joint Committee on Trade (JTC ) meetings and an official, bilateral working group to keep track of cooperation projects and exchange trade data and concerns.
Thailand and Vietnam are aiming to “tighten their relations” in a time of global economic and political uncertainty, according to Mr. Jirayu.
In light of rising US buy tariffs,” This will also help improve Asean’s shared ability to deal with the slowing global trade.”