Vietnamese investment surges, sees room for growth in hotels

Vietnam is the ninth largest investor of the 36 countries with investment in the country, with US$513 million invested in seven projects as of the end of April, according to a June 26 forum linking businesses between the two countries. Bilateral trade is also surging, the forum was told. During the first four months of […]

Garment sector sees more investment

Six foreign invested and three local invested firms were given the green light to invest at the first meeting of newly-reorganised Myanmar Investment Commission on May 31. The meeting was held at Yangon Region branch with 43 items on the agenda, including investment proposals. The companies receiving approval included garment makers, surgical-equipment producers and a […]

‘No encouraging development’ in fishery sector policy, says official

When compared to its neighbouring countries, the fishery breeding sector in Myanmar is largely incompetent and cannot compete in the global market, says an official with the Myanmar Fishery Products Processors and Exporters Association (MFPPEA) at a public meeting on Tuesday. According to the latest information, during fiscal year 2013-2014, the export value in the […]