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Thai firms urged to tap potential soon.

Bangkok Post (Bangkok, Thailand)

| June 03, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Achara Ashayagachat

Jun. 3--HANOI -- Thai businesses should expand their trade and investment activities with Vietnam to maintain the country's share in the growing Vietnamese market and tap the incentives available while they last, according to the Thai Trade Office.

The "bad old days" perception among Thai businessmen a decade ago has now gone and Vietnam now is more sophisticated and well equipped in terms of standardised laws and regulations, according to Somkiat Saranapanichkul, director of the office of Commercial Affairs in Hanoi.

Vietnam also had political stability and expatriates could enjoy their daily lives safely, he said.

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