Myanmar displays its products at Spring Fair

For the first time, Myanmar businesses have exhibited their products at a fair in Vietnam, which is seen as a major step forward in bilateral trade.

Vietnamese Deputy Minister for Industry and Trade Nguyen Thanh BIen on January 20 met with the Myanmar business delegation headed by U Aung Lwin, Vice President of the Federation of Myanmar Chambers of Commerce and Trade.

The Myanmar business delegation is attending the 2011 Spring Fair at the Vietnam Exhibition and Fair Centre in Giang Vo, Hanoi, from January 20-31.

During the meeting, Mr lwin thanked the Vietnamese Ministry of Industry and Trade and Vietnamese sponsors, such as BIDV and Vietnam Airlines, for supporting Myanmar enterprises at the fair.

Meanwhile, Deputy Minister Bien expressed his hope that Myanmar’s successful general election on November 7, 2010, will pave the way for the country to develop further.

In April 2009, Vietnam’s Prime Minister Nguyen Tan Dung visited Myanmar, which helped to boost trade and investment ties between the two countries.

The export-import turnover between Vietnam and Myanmar hit US$144 million by November 2010, which exceeded the total revenues for 2009. The figure for the whole 2010 is expected to reach US$160 million, an increase of over 60 percent from the previous year.

Tags: Spring Fair