Can we turn suspended factories into engines of national economic growth?

Steel is an essential material in the industrial products and in building infrastructures. If Myanmar can produce steel on commercial scale, we will be able to save our foreign exchange used in importing steel products and build an industrialized country. In fact, the country has large deposits of iron ore. Myanmar set up steel mills […]

Vietnamese firm makes steel products in Thilawa

With Myanmar rapidly opening up to development, steel is becoming increasingly important to various industries in the country. Steel structures can be seen springing up across Yangon. As such, a Vietnamese steel importer is operating a manufacturing unit in Myanmar. Despite being one of the essential materials for construction, Myanmar relies heavily on imports rather […]

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 […]