Vietnam to Build Vessels in $175-m Deal with Myanmar Shipyards

Myanmar and Vietnam have signed an agreement to establish a joint venture to build vessels, according to the Ministry of Transport. The $175.4-million joint venture was established between state-run Myanmar Shipyards and Dong A Shipbuilding Joint Stock Company. Myanmar Shipyards will control 51 percent stake in the JV, while with an investment of $85.9 million […]

Myanmar, Vietnam to jointly operate vessel building

YANGON, Feb. 2 (Xinhua) — Myanmar and Vietnam have signed an agreement to establish a joint venture to operate vessel building, a semi-official media reported Monday. The 175.4 million U.S. dollars’ joint venture was established between state-run Myanma Shipyards and Dong A Shipbuilding Joint Stock Company of Vietnam with 89.5 million U.S. dollars or 51 […]

Myanmar to launch first ever floating hotel

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 The first ever floating hotel will open its doors in Botahtaung harbour near Yangon by the end of this year, according to the Myanmar Ports Authority. Myanmar company, Hla Hla Pa Pa won the approval to invest in the floating hotel project buying […]