Vietnam-Myanmar trade fair resumes

An international trade fair to showcase Vietnamese and Myanmar products wrapped up in Rangoon, Myanmar, on Dec. 22, after drawing over 60 businesses from the two countries.

The four-day event was part of a trade promotion campaign launched by Vietnam and also the first international trade fair ever held in Myanmar in the past four years

Vietnamese businesses brought products to show off their strengths, ranging from farming machines to fertilisers, and electronics and electrical appliances, rubber products, consumer goods and stationery.

Present at the opening ceremony on Nov. 19, Deputy Minister of Industry and Trade Nguyen Thanh Bien of Vietnam and his Myanmar counterpart, Senior Colonel Aung Tun, spoke of their mutual determination to further develop commercial and investment relations in line with their traditional ties.

In the framework of the trade fair, the two sides held a business forum with the participation of over 200 businesses from the two countries as evidence of a keen interest from business circles in the opportunities for trade and investments in each other’s markets.

Vietnam and Myanmar have made remarkable progress in trade over the past years, recording 108 million USD in two-way trade revenue in 2008 against just 2.5 million USD in 2002.

Tags: Vietnam business news, Vietnam-Myanmar