Companies interested in doing business in Vietnam and Thailand are invited to join experts for an exciting presentation on the region’s latest trends on Dec. 14th from 8:30 a.m. - 10:30 a.m..
Conference speakers and business experts will provide an overview of the opportunities and challenges of doing business in Thailand and neighboring Vietnam. As the two most promising and fastest-growing nations in Southeast Asia, you will learn why they have a rising demand for U.S.-made products, services, and technologies. You will also hear how Thailand and Vietnam have become fully integrated into the global supply chain.
With a 2021 GDP of $506 billion, Thailand is the second-largest economy in Southeast Asia, serving as the epicenter for the automotive industry. The nation’s free market reforms are highlighted by its 14 preferential trade agreements with 18 countries worldwide. With a population of 70 million, Thailand’s largest trade partner today is the U.S. Respectively, Vietnam has seen its GDP rise faster than any country except China, averaging 6.2% annual growth since 2000. Its population of 100 million includes a growing middle class of consumers with strong demand for U.S. exports. In addition, the nation boasts a young and highly- skilled labor force that serves as an alternative to manufacturing in China. Similar to Thailand, Vietnam is a signatory to 12 free-trade agreements (including the EU) that provides the nation with access to numerous markets around the world.
8:30 a.m. Welcome and Introductions, Noel Nevshehir, Automation Alley
8:40 a.m. Market Overview of Thailand and Vietnam, Jennifer Moll, U.S. Commercial Service in East Michigan
9:15 a.m. Speaker Panel Featuring Case Studies on the Opportunities and Challenges of Doing Business in Thailand and Vietnam, Robert Ruffini, Fluxtrol; Yannick Greiner, Truck Hero
10:05 a.m. Support for Michigan Exports, Weiwei Lu, Michigan Economic Development Corporation (MEDC)
10:15 a.m. Q&A
10:30 a.m. Meeting adjourned