Vietnam and Myanmar have agreed to facilitate the sharing of anti-corruption experience towards signing a relevant memorandum of understanding (MoU) in the coming time.

Inspector General Huynh Phong Tranh and Chairman of the Myanmar Commission for Anti-Corruption Mya Win reached the consensus during their recent talks in Nay Pyi Taw, Myanmar, with both sides as members of the multilateral forum on anti-corruption in Southeast Asia.

Vietnam already signed memoranda of understanding on counter-corruption with 12 countries worldwide.

Mya Win said the signing of the MoU will give a boost to bilateral ties in the context of the 40th anniversary of the two countries’ diplomatic ties.

Meeting Myanmar Vice President Nyan Tun earlier, Tranh asked for his support for the Bank for Investment and Development of Vietnam to be licensed to operate in the country.

Nyan Tun said he backs the sharing of experience in combating graft, and Myanmar will gradually adjust reforms in ways that attract more investors.

Two-way trade neared 480 million USD last year, up 35 percent annually, with Vietnam being the eighth largest investor in Myanmar.

Receiving the Vietnamese guest, Myanmar Deputy Chief Justice Tun Tun Oo expressed his hope that both sides will continue sharing experience in this field.-VNA