After a powerful 7.7 magnitude earthquake in Myanmar on March 28, all Vietnamese businesses were reported safe, but trading activities will face significant obstacles, the Vietnam Trade Office in Myanmar said.
Celebrating five years of business in Myanmar, Mytel, a brand of Viettel Group in Myanmar, is the leading operator in terms of market share and service quality in this country.
Myanmar Airways International (MAI) began operating the first flight from Yangon, Myanmar, to Hanoi-based Noi Bai International Airport on September 19.
The Embassy of Vietnam in Myanmar on December 17 hosted a webinar on “Foreign Investments in Myanmar in the Context of COVID-19 Pandemic”, bringing together officials from both countries.
Prime Minister Nguyen Xuan Phuc visited some major investment establishments of Vietnam in Yangon on December 18 as part of his official visit to Myanmar.
The Ministry of Industry and Trade’s Agency of Foreign Trade has warned domestic enterprises to take caution when exporting pepper to Myanmar after a local company was added into the list of importers under close watch by the Myanmar Customs.
Myanmar exported 1.12 million tonnes of rice in the last six months, earning over 390 million USD, according to an announcement of the Myanmar Rice Federation.
Vietnam’s budget carrier Vietjet Air has transferred its flight operations from Terminal T2 to Terminal T1 of Myanmar’s Yangon International Airport in order to meet the airport’s renovation requirements.
Prime Minister Nguyen Xuan Phuc and State Counselor of Myanmar Aung San Suu Kyi agreed to further deepen bilateral trade and investment on win-win basis towards achieving 1 billion USD or higher in two-way trade during their talks in Hanoi on April 19.
Many Vietnamese firms have shifted their focus to new markets like Myanmar but doing business in the once-isolated nation is not easy, largely due to its poorly-crafted business regulations.
Start-up tourism firms will have a chance to get a cash grant and a six-month intensive training course worth 30, 000 USD in total when joining the “Mekong Innovative Startup Tourism” (MIST) programme in 2018.
StreamNet, a joint venture between Vietnam Posts and Telecommunications Group (VNPT) and Myanmar’s Elite Telecom Public Co., Ltd., was launched in Yangon on October 27 in the presence of Minister of Information and Communications Truong Minh Tuan.
Low-cost carrier Vietjet Air officially announced its new route connecting Hanoi with Yangon on August 26 on the occasion of Party General Secretary Nguyen Phu Trong’s state visit to the country.
The Vietnam National Petroleum Group (Petrolimex) and Myanmar’s HTOO Group of Companies have recently signed a deal in Hanoi, under which they will explore the possibility of doing business in Myanmar
The low-cost carrier Vietjet Air said it will officially launch a new air route connecting Hanoi and Yangon – the famous tourism city of Myanmar, on August 31.
HCM City wants to increase the two-way trade value with Myanmar, said Secretary of the city’s Party Committee Nguyen Thien Nhan at his meeting with Mahn Win Khaing Than, Speaker of Myanmar’s House of Nationalities and Parliament, on May 11.
