Verify information of Thai business partners: MinistryThe Ministry of Industry and Trade has urged Vietnamese firms to verify information of Thai business partners carefully to avoid being swindled. Many Vietnamese firms were looking for business partners from Thailand via the Internet and decided to do business and pay deposits without adequately verifying information about them. The trade counsellor urged Vietnamese firms to verify information of their Thai partners carefully, especially those with whom they are doing business for the first time. All Thai businesses must register their information with the Department of Business Department, which is published on the portal: www.dbd.go.th/Applications/cds/. While negotiating contracts and transactions, Vietnamese firms should ask partners to provide adequate information for verification as well as choose safe payment methods.

Source: VietNamNet News January 19, 2018 05:03 UTC