“Business Cooperation Plays Important Role in Vietnam - Myanmar People-to-people Exchanges”

The statement was made by Thet Win, President of the Myanmar - Vietnam Friendship Association, in a working session with Phan Anh Son, President of the Viet Nam Union of Friendship Organizations, in Hanoi on May 13.
According to Thet Win, in recent years, Vietnamese products have become increasingly popular in the Myanmar market. This shows the great potential for cooperation between Vietnamese and Myanmar businesses. Therefore, the Myanmar - Vietnam Friendship Association working group gathers many business representatives in diverse fields: pharmaceuticals, agricultural products, coffee, tourism, energy, infrastructure, human resources... Myanmar businesses want to connect, exchange experiences, and cooperate with Vietnamese partners.

Thet Win said Vietnam is Myanmar's important partner. Overcoming domestic difficulties, in 2024, the Myanmar - Vietnam Friendship Association will continue to promote cooperation with Vietnamese partners.
Phan Anh Son, President of the Viet Nam Union of Friendship Organizations, said: Vietnam and Myanmar have the potential for cooperation in many fields. Over the past years, Vietnam has strengthened its friendship and cooperation with Myanmar, while respecting the principle of not intervening in each other's internal affairs. Currently, many big Vietnamese enterprises are investing and doing business in Myanmar such as Vietnam Posts and Telecommunications Group (VNPT), Military Industry and Telecoms Group (Viettel), Truong Hai Group Corporation (Thaco)…

Phan Anh Son hopes to promote delegation exchange between the two countries. The Viet Nam Union of Friendship Organizations and the Vietnam - Myanmar Friendship Association will continue to maintain cooperation, ready to be a bridge to support the Myanmar - Vietnam Friendship Association in organizing working groups and connecting with Vietnamese partners.
 

On this occasion, Vietnamese and Myanmar businesses signed four memorandums of understanding, including:

Memorandum of Understanding between Nam Ha Pharmaceutical Joint Stock Company and FAME Pharmaceuticals Industry Co., Ltd.;

Memorandum of Understanding between Nam Ha Pharmaceutical Joint Stock Company and Zar & Zar Co. Ltd.;

Memorandum of Understanding between Viet Long Joint Venture Company Limited and Orchard Co. Ltd.;

Memorandum of Understanding between Vietnam Technology Ecosystem Joint Stock Company and Orchard Company Ltd..