Vietnamese products showcased in Myanmar

Twenty-four Vietnamese businesses are displaying their products at a trade fair that opened in Yangon, Myanmar on May 13.

A variety of Vietnamese products are being showcased, including steel, electronic equipment, garments and textiles, construction materials, cosmetics and computers.

The four-day event aims to help Vietnamese products penetrate the Myanmar market and boost trade relations between the two countries.

Vietnam has invested nearly US$23.650 million in Myanmar since 1988 and is now one of Myanmar’s 20 biggest importers, primarily of agricultural, forestry and seafood products. Vietnam exports to Myanmar steel, electronics, pharmaceuticals, construction materials, cosmetics, garments and textiles.

Last year, Vietnam earned US$47 million from exports to Myanmar and two-way trade turnover in 2010 increased 60 percent compared to the previous year.  -VOV

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Posted by VBN on May 14 2011. Filed under Int'l Cooperation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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