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Thu, February 16, 2006 : Last updated 17:20 pm (Thai local time)



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Home > Business > Vietnam catching up with Thailand, says academic





Vietnam catching up with Thailand, says academic

Thailand’s major export rival Vietnam will soon catch up with the Kingdom in economic terms thanks to its development process being on the right track, said Dr Thanyathip Seriphama, a Chulalongkorn University researcher who is studying the country.

Vietnam News Agency quoted Thanyathip as saying that Vietnam has put forward many new measures in its socio-economic development process, including combining its domestic economy with regional integration and globalisation trends.

She said she felt surprised every time she arrived in Vietnam, as the country is rapidly developing with improving infrastructure and constant construction.

“Many Thais believe that Vietnam in the near future will catch up with Thailand in economic development and become a big rival in the region,” said Thanyathip.

She added that Vietnam had a long-lasting traditional culture and intelligent and hard-working people – important factors for developing the economy.

Thanyathip has been studying Vietnam for 20 years. She has written many books about the country and contributed much to increasing understanding between the people and the governments of Thailand and Vietnam.








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