Vietjet connects Hanoi with Yangon

Ho Chi Minh City – Riding the wave of the booming travel market in Vietnam, Vietjet announced the addition of a new international route connecting Hanoi to Yangon (Myanmar). The new route is set to take off on 31 August 2017 with the aim of meeting the increasing travel demand of individuals, tourists and corporate […]

Vietnamese Joint Venture to Offer Microfinancing in Myanmar

HO CHI MINH CITY — Vietnam’s Dragon Capital Group and Myanmar’s Ruby Hill Financial on Wednesday signed a deal to set up a joint venture that will provide loan products and services to the burgeoning workforce driving Myanmar’s rapid economic development. Ruby Hill will hold a 51% stake in Yangon-based Ruby Hill Microfinance, while the […]

Vietnam’s Stock Market is Set to Boom – That’s Good News For Yangon’s Bourse

​​ A few weeks ago I had the chance to spend some time exploring the Vietnamese city of Saigon – or more precisely, District 1 of Ho Chi Minh City (HCMC). Without doubt the place is the hottest ticket in town for investors targeting the Mekong region. And it is easy to understand why. This […]

Growing Economy Brings Rise in Fuel Oil Shipping from Singapore

​​ SINGAPORE — Burma’s oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging Southeast Asian nation from the regional hub of Singapore. Servicing growth that could top 8 percent this year is a clutch of small tankers […]

New airline routes begin to crowd Myanmar’s sky

YANGON — Asian airlines are looking to expand to Myanmar, eyeing not just business passengers but also the rising middle class there, who are beginning to travel for pleasure. Budget carrier HK Express on Sept. 1 kicked off a direct Hong Kong-to-Yangon route that flies four times a week. Other carriers, such as Myanmar National Airlines, already provide such […]

Japan’s MHM merges with Thai firm in first tie-up of its kind

Mori Hamada & Matsumoto (MHM), one of Japan’s largest law firms, has acquired leading firm Chandler & Thong-ek (C&T) in Thailand as part of a push into South East Asia. The acquisition comes just over a year after the Japanese firm opened its third ASEAN office in Bangkok. The office is located in the same building […]

BKL continues overseas expansion with Myanmar office

Korean law firm Bae, Kim & Lee (BKL) has opened an office in Yangon, Myanmar, its seventh globally, and its third outside of its home country. The Yangon office will be led by partner Eric Eunyong Yang, who along with fellow partner Yong Geun Bae, joined the firm last year from Yulchon with the aim […]

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

Emirates to launch Yangon and Hanoi flights

Emirates will launch a daily service from Dubai to Yangon and Hanoi starting August 3, 2016. Utilising a Boeing 777-300ER aircraft in a three-class configuration, this new route will strengthen Emirates’ network of destinations in Southeast Asia, offer a new flight option to passengers travelling between Hanoi and Yangon, and open up new connections for […]

Myanmar Boom Wanes as Overcapacity Bites

When Myanmar opened to the world back in 2012, the country experienced a rapid expansion in air travel. Thirteen foreign airlines carried roughly 2 million international passengers. By 2014, the international market had jumped to 3.2 million passengers traveling with nine foreign airline groups, bringing the total number of international carriers to 22. But now the […]