Myanmar eyes e-commerce for jobs, trade and economic growth

Government officials, donors and partners have met to consider the United Nations Conference on Trade and Development (UNCTAD)’s appraisal of how e-commerce can boost Myanmar’s economy and the next steps forward. The power of e-commerce to create jobs and increase trade in Myanmar was in the spotlight on 30 October, as government officials, development partners, […]

Myanmar’s regulations hinder trade with Vietnam

Hanoi (VNA) – Many Vietnamese firms have shifted their focus to new markets like Myanmar but doing business in the once-isolated nation is not easy, largely due to its poorly-crafted business regulations. Vietnam is one of the first countries to promote trade with Myanmar, said Vu Cuong from the Ministry of Industry and Trade, adding […]

Myanmar Faces Foreign Investment Competition From Cambodia, Laos

Myanmar, Cambodia and Laos are the potential “hidden markets” of Southeast Asia for investment opportunities, a business study said, but they could end up competing against one another. Myanmar and Cambodia are both developing tourism and textile manufacturing industries which could see competition for foreign investment. In Myanmar’s case, “it’s very important that the government […]