Party leader meets leading Vietnamese, Myanmar firms
Party General Secretary Nguyen Phu Trong had a meeting with representatives of leading enterprises of Vietnam and Myanmar in Yangon on August 26 as part of his State visit to Myanmar.
Yangon (VNA) – Party General Secretary Nguyen Phu Trong had a meeting withrepresentatives of leading enterprises of Vietnam and Myanmar in Yangon onAugust 26 as part of his State visit to Myanmar.
Addressing the event,Deputy Prime Minister and Foreign Minister Pham Binh Minh, who is accompanyingthe Party chief, highlighted the success of the Party General Secretary’svisit, including the establishment of a comprehensive cooperative partnership, thuscreating new opportunities for bilateral cooperation, especially in economy,trade and investment.
The Deputy PM notedthat Vietnam has become the ninth largest trade partner and seventh biggestforeign investor of Myanmar, with 59 projects worth 1.42 billion USD inMyanmar. The direct air routes between the two countries have also helpfacilitate trade and tourism ties between the two sides.
However, he pointedout that two-way trade has reached only 500 million USD, failing to match thetwo countries’ potential and strengths.
Minh stressed thatVietnam is working hard to reform its administrative procedures to createoptimal legal framework and infrastructure system for foreign investors,including those from Myanmar.
He held that thenewly-established partnership between the two countries provides a basis for theformation of effective collaboration mechanisms, thus boosting bilateralinvestment ties.
Also on August 26, PartyGeneral Secretary Nguyen Phu Trong and Myanmar Vice President U Myint Swe cutthe ribbon to inaugurate the headquarters of Telecom International Myanmar(MyTel) in Yangon, a joint venture of Vietnam’s Viettel Group and a Myanmar partner.
After over 27 years offormation and development, the military-run Viettel Group has become a strongenterprise with great contributions to the Vietnamese economy. Its revenue in2016 hit 11 billion USD with a profit of over 2 billion USD.
The group is operatingin 11 countries in three continents, covering a market of 320 million people,with annual revenue of over 1.5 billion USD and growth of over 20 percent peryear, creating jobs for over 11,000 labourers.
When officiallyinaugurated, MyTel will have the largest infrastructure system with almost 7,200BTS covering 90 percent of the Myanmar population.
On the occasion, theParty leader and Myanmar Vice President U Myint Swe witnessed the signing of a cooperationagreement between MyTel and the Ministry of Education of Myanmar, under whichMyTel will provide Internet services to over 1,350 schools, supply them withcomputers and develop education management software for the schools.-VNA
Party General Secretary Nguyen Phu Trong received Chairman of Myanmar’s Union Solidarity and Development Party (USDP) Than Htay in Naypyidaw on August 25, as part of his State visit to the country.
The Vietnamese Party and Government always attach importance to developing and expanding the friendship and multi-faceted cooperation with Myanmar in bilateral aspects as well as within ASEAN and at international forums, Party General Secretary Nguyen Phu Trong has said.
Vietnam and Myanmar issued a joint statement on their comprehensive cooperative partnership on the occasion of Party General Secretary Nguyen Phu Trong’s State visit to Myanmar from August 24 to 26.
Party General Secretary Nguyen Phu Trong received Yangon Region Chief Minister Phyo Min Thein on August 25, noting that the Myanmar region, full of economic, cultural and tourism potential, should boost cooperation in these fields with not only Ho Chi Minh City but also Hanoi and other big cities of Vietnam.
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Vietnam is a country with which Russia shares a special relationship. In the 1950s and 60s, particularly during Vietnam’s struggle for independence, the two countries forged a deep bond. While much has changed over time, the friendship and cooperation between our nations have endured, said Russian President Vladimir Putin.
For 50 years, Vietnam and New Zealand have worked together to uphold peace and prosperity for their peoples and the region. The friendship, cooperation, and mutual understanding Vietnam and New Zealand nurtured have grown from a seed into a deeply rooted, strong, and thriving tree, she stressed.
Since the Strategic Partnership was established in 2020, Vietnam and New Zealand have witnessed steady growth in the relations. Beyond the remarkable 40% increase in bilateral trade over five years, political relations and multilateral interactions, particularly within the CPTPP framework, have remained highly positive.
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Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
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Overview of the meeting (Photo: VNA) 
