HCMC and Yangon forge new understanding
Ho Chi Minh City is keen to strengthen its links with Yangon city of
Myanmar, especially in trade, services, manufacturing, vehicle assembly,
banking and finance and tourism, said a senior official from Ho Chi
Minh City.
Ho Chi Minh City is keen to strengthen its links with Yangon city of
Myanmar, especially in trade, services, manufacturing, vehicle assembly,
banking and finance and tourism, said a senior official from Ho Chi
Minh City.
The Secretary of the Municipal Party Committee Le Thanh Hai stated this at a meeting with Yangon Region Chief Minister U Myint Swe on March 12.
At the meeting, U Myint Swe said the visit would help to cement relations between the two countries as well as between Ho Chi Minh City and Yangon .
On the same day, Vice Chairwoman of the HCM City People’s Committee Nguyen Thi Hong and Vice Chairman of the Yangon City Development Committee Kyaw Soe signed a memoranda of understanding (MoU) to set up friendship and cooperative ties between HCM City and Yangon .
Hai said the MoU will provide the basis for promoting a higher level of cooperation as well as make it easier for enterprises from both countries to invest and do business.
After the ceremony, the business communities from both cities met, during which twelve memoranda of understanding on cooperation and investment were signed.
The meeting was hosted by Myanmar ’s Federation of Chambers of Commerce to promote investment, trade and tourism between both cities.
Hai and other officials from Ho Chi Minh City started their visit to Myanmar on March 11.-VNA
The Secretary of the Municipal Party Committee Le Thanh Hai stated this at a meeting with Yangon Region Chief Minister U Myint Swe on March 12.
At the meeting, U Myint Swe said the visit would help to cement relations between the two countries as well as between Ho Chi Minh City and Yangon .
On the same day, Vice Chairwoman of the HCM City People’s Committee Nguyen Thi Hong and Vice Chairman of the Yangon City Development Committee Kyaw Soe signed a memoranda of understanding (MoU) to set up friendship and cooperative ties between HCM City and Yangon .
Hai said the MoU will provide the basis for promoting a higher level of cooperation as well as make it easier for enterprises from both countries to invest and do business.
After the ceremony, the business communities from both cities met, during which twelve memoranda of understanding on cooperation and investment were signed.
The meeting was hosted by Myanmar ’s Federation of Chambers of Commerce to promote investment, trade and tourism between both cities.
Hai and other officials from Ho Chi Minh City started their visit to Myanmar on March 11.-VNA
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
Business
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Business
Auction for gold bullion to continue on April 25
Another bidding session for 16,800 taels of gold bullion will be held on April 25, the State Bank of Vietnam said in a statement.
Business
Over 20,000 products exhibited at Global Sourcing Fair Vietnam 2024
The Global Sourcing Fair Vietnam 2024 hosted by Global Sources kicked off in Ho Chi Minh City on April 24 with the participation of over 400 Vietnamese exhibitors and those from other Asian nations who are showcasing over 20,000 export-standard products across various industries.
Business
Vietnam attends Asia’s biggest food, hospitality expo in Singapore
Five Vietnamese enterprises operating in the fields of food and hospitality are attending the Food & Hotel Asia (FHA) 2024 which is taking place in Singapore from April 23-26.
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
