Update news Thai billionaires
Despite some bumps, Vietnam-Thailand economic relations are looking up, said Mr SananAngubolkul, President of the Thailand-Vietnam Business Council (TVBC) during a recent interview with a VOV reporter.
VietNamNet Bridge - The phrase ‘Thai wave’ has been used recently as a series of Thai billionaires have announced the acquisition of retail chains in Vietnam.
VietNamNet Bridge - Large retailers in Vietnam are either distributing more Thai goods or raising the proportion of Thai goods in their chains.
VietNamNet Bridge - Analysts believe that after swallowing a number of Vietnamese companies, Thai billionaires will take the next steps to turn Vietnam into their production bases from which Thai products will be distributed globally.
Many leading market analysts believe it evidences Thai billionaires’ ambitions to conquer the Vietnamese retail market.