Connect with us

Myanmar

Vietnamese Government to support investment in Myanmar

The Vietnamese Government will help businesses invest in Myanmar, Prime Minister Nguyen Tan Dung said while receiving Myanmar Minister of Industry U Maung Myint in Ha Noi yesterday.

Avatar

Published

on

The Vietnamese Government will help businesses invest in Myanmar, Prime Minister Nguyen Tan Dung said while receiving Myanmar Minister of Industry U Maung Myint in Ha Noi yesterday.

PM Dung highlighted positive developments in economics, trade and investment co-operation, suggesting that the two sides further boost collaboration in 12 areas agreed upon by their high-ranking leaders including seafood, oil and gas, telecommunication, aviation and energy.

The Myanmar Ministry of Industry and Viet Nam’s Ministry of Industry and Trade should also discuss specific measures to facilitate Vietnamese businesses’ investment in Myanmar , including the licensing of Vietnamese banks in the country, he said.

Congratulating Myanmar on its successful hosting of the 24th ASEAN Summit on May 10-11, PM Dung said he met with Myanmar President U Thein Sein on the sidelines of the event to discuss ways to boost economic, trade and investment co-operation between the two countries.The two sides agreed to work with other ASEAN members to promote solidarity within the bloc and building the ASEAN Community by 2015.

They also raised a common voice on international and regional issues, including the ongoing tensions in the East Sea, he added.

For his part, Minister Myint said his visit aimed to foster bilateral trade connections in the fields of chemicals, fertilisers, steel and agricultural machinery.He affirmed that his government would create favourable conditions for Vietnamese firms to do business in Myanmar.

Sharing Viet Nam’s concern over China’s placement of a drilling rig in Viet Nam’s continental shelf and exclusive economic zone, the minister stressed that Myanmar’s consistent policy was that the parties concerned should abide by international law, especially the 1982 UN Convention on the Law of the Sea UNCLOS and the Declaration on the Conduct of Parties in the East Sea  DOC. — VNS

via Viet Nam encourages businesses to make investments in Myanmar

Comments

Cambodia

CLMV’s economic growth crashes to two-decade low due to COVID-19

The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year

Avatar

Published

on

The COVID-19 pandemic is having a negative impact on CLMV economies through their dependency on foreign-sourced revenue from tourism and exports says KResearchCenter.

(more…)
Continue Reading

India

Marketing and investment strategies in Myanmar, India

To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

National News Bureau of Thailand

Published

on

Marketing and investment strategies in Myanmar, India

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

(more…)
Continue Reading

Cambodia

Thailand pushes CLMVT as the “New Value Chain Hub of Asia”

The Ministry of Commerce, in cooperation with 11 relevant agencies, hosted the CLMVT Forum 2019 with delegates from Cambodia, Laos, Myanmar, Vietnam, and Thailand

National News Bureau of Thailand

Published

on

BANGKOK, 24 June 2019 (NNT) – Thailand’s Prime Minister, Gen. Prayut Chan-o-cha, today attended the opening of the CLMVT Forum 2019, and urged its member countries to push for the development of the CLMVT Regional Value Chain, so that they can have more bargaining power and improve the well-being of their citizens.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,625 other subscribers

Trending