Officers and sailors of Naval Region 4 visit the 1501 - UMS Moattama amphibious transport dock of the Myanmar Navy (Photo: www.qdnd.vn) Hanoi (VNA) – The 1501 - UMS Moattama amphibious transport dock of the Myanmar Navy arrived at the Cam Ranh International Port of the south central coastal province of Khanh Hoa on November 12, starting a three-day visit to Vietnam. The vessel, carrying more than 100 officers and sailors led by Colonel Thei Htoo, is captained by Lieutenant Colonel Aung Myo Hlaing. During their stay, the crewmembers are scheduled to pay courtesy visits to leaders of Khanh Hoa province and Naval Region 4 High Command, and join friendly sport activities with officers and sailors of Naval Region 4. In addition, the two countries’ navies will visit each other’s vessels. The visit aims to further strengthen the friendship, cooperation and mutual trust between Vietnam and Myanmar in general and the countries’ armed forces and navies in … [Read more...] about Myanmar’s naval vessel visits Vietnam
Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
NA Chairwoman Nguyen Thi Kim Ngan receives Deputy Speaker of the Assembly of the Union of Myanmar Aye Thar Aun Chairwoman Ngan congratulated Myanmar on its recent socio-economic achievements, voicing her belief that the country will succeed in promoting national reconciliation and harmony and improving its stature in the region and the world. She expressed her delight at the increasingly strengthened friendship and cooperation between the Vietnamese NA and the Myanmar parliament, as seen in an official visit to Vietnam by Speaker of the Assembly of the Union Mahn Win Khaing Than in May 2017 and another trip to Myanmar by a high-ranking delegation of the Vietnamese NA in September 2016. Deputy Speaker Aye Thar Aung highly valued Vietnamese people’s heroic struggle in the resistance wars to liberate the country in the past, as well as its achievements in social affairs, economy, political stability and external work at present. He said Vietnam is increasingly affirming … [Read more...] about Leaders highlight strengthened Vietnam-Myanmar parliamentary ties
A Vietnamese Goods Fair 2011 will be held in Yangon, Myanmar, from November 17th to November 20th, according to the Trade Promotion Department, under the Ministry of Industry and Commerce. Numerous products of nearly 80 businesses, including garment and textiles, leather footwear, cosmetics, pharmaceuticals, mechanics, electrical, electronics and processing materials will be on display. The fair aims to strengthen bilateral ties between the two countries in economy, trade and investment as well as promote images of Vietnamese businesses and their trademarks. According to the Ministry of Industry and Trade, Myanmar’s production can only meet 20 percent of its consumer need. So, the fair is seen as an opportunity for Vietnamese businesses to increase exports to this market. Source: CPV Translated by Nguyen Thao … [Read more...] about Vietnamese Goods Fair 2011 to open in Myanmar
The reception for the Myanmar guests, led by Naval Captain Thei Htoo, was hosted by Naval Captain Nguyen Thai Hoc, Deputy Chief of the Staff of the Naval Region 4 Command under the Vietnam People’s Navy. Troops of Brigade 162 of Naval Region 4 visiting the carrier ship dock UMS Moattama According to the schedule, the crew-members of the Myanmar naval ship will pay courtesy calls on the leadership of the provincial People’s Committee and Naval Region 4 Command. They will also participate in sports events with troops from the Naval Region 4 Command. Naval troops of the two sides will visit vessels of each side and hold banquets under the international naval routines. The visit of the Myanmar naval ship aims to promote friendship and cooperation between Vietnam and Myanmar in general and the militaries and navies in particular. Translated by Van Hieu … [Read more...] about Vietnam and Myanmar to promote friendship and cooperation during port call