Reposted from CRIENGLISH.com
Prime Minister Nguyen Tan Dung and Myanmar President Thein Sein
Myanmar and Vietnam vowed to step up mutual cooperation in the sectors of agriculture, livestock, trade, investment, communications and transport.
Strengthening economic ties were the priority when Myanmar President U Thein Sein met with Vietnamese Foreign Minister Pham Binh Minh in Nay Pyi Taw Monday who was on an official visit to Myanmar since the weekend at the invitation of his Myanmar counterpart U Wunna Maung Lwin. More…
Reposted from The Myanmar Times
By Aye Thidar Kyaw and Ben White
2010 was a record year for Foreign Direct Investment (FDI) to Myanmar that saw almost US$20 billion pour into the country. With 85 per cent of this investment in natural resources, and only 15pc allocated to the manufacturing and service industries, the Ministry of National Planning and Economic Development stated on Spetember 29 that it hopes to encourage more FDI to manufacturing and service sectors. More…