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Vietnam, Myanmar boost ties
Published on Wednesday, 28 November 2012 21:44
Vietnam President Truong Tan Sang will be arriving in Myanmar tomorrow for bilateral talks.
The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) said the meeting will discuss efforts to boost cooperation between the two countries and explore investment opportunities in both markets.
The president and his delegation, which includes the deputy prime minister and 100 businessmen, will be in the country from November 29 to December 1.
The Ministry of Foreign Affairs of Vietnam, the Vietnam Embassy and the UMFCCI are co-organising the Myanmar-Vietnam Business Forum at the UMFCCI office on November 30.
Vietnam’s investment in Myanmar stands at US$49 million as of end of October. Trade between the two countries reached $143 million in the 2011-2012 fiscal year and $66 million from April 1 to end of September this year.