NA Chairwoman Nguyen Thi Kim Ngan receives Deputy Speaker of the Assembly of the Union of Myanmar Aye Thar Aun Chairwoman Ngan congratulated Myanmar on its recent socio-economic achievements, voicing her belief that the country will succeed in promoting national reconciliation and harmony and improving its stature in the region and the world. She expressed her delight at the increasingly strengthened friendship and cooperation between the Vietnamese NA and the Myanmar parliament, as seen in an official visit to Vietnam by Speaker of the Assembly of the Union Mahn Win Khaing Than in May 2017 and another trip to Myanmar by a high-ranking delegation of the Vietnamese NA in September 2016. Deputy Speaker Aye Thar Aung highly valued Vietnamese people’s heroic struggle in the resistance wars to liberate the country in the past, as well as its achievements in social affairs, economy, political stability and external work at present. He said Vietnam is increasingly affirming … [Read more...] about Leaders highlight strengthened Vietnam-Myanmar parliamentary ties
Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
The reception for the Myanmar guests, led by Naval Captain Thei Htoo, was hosted by Naval Captain Nguyen Thai Hoc, Deputy Chief of the Staff of the Naval Region 4 Command under the Vietnam People’s Navy. Troops of Brigade 162 of Naval Region 4 visiting the carrier ship dock UMS Moattama According to the schedule, the crew-members of the Myanmar naval ship will pay courtesy calls on the leadership of the provincial People’s Committee and Naval Region 4 Command. They will also participate in sports events with troops from the Naval Region 4 Command. Naval troops of the two sides will visit vessels of each side and hold banquets under the international naval routines. The visit of the Myanmar naval ship aims to promote friendship and cooperation between Vietnam and Myanmar in general and the militaries and navies in particular. Translated by Van Hieu … [Read more...] about Vietnam and Myanmar to promote friendship and cooperation during port call
In his remarks at a meeting in Hanoi on March 26, the cabinet leader noted that the successful organisation of such events will help raise Vietnam’s political prestige as well as its international profile and continue the success of the APEC Year 2017. The Foreign Ministry was assigned to coordinate the efforts and the Ministry of Public Security will closely work the ministries of National Defence and Public Health to ensure top security with great attention given to counter-terrorism. Themed “Leveraging 25 years of cooperation, Building an integrated, sustainable and prosperous GMS”, the GMS-6 will celebrate the 25th founding anniversary of GMS cooperation and outline cooperation orientations for building a region of prosperity, integration and sustainable development. Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said it is the first time Vietnam has initiated holding a business forum within the GMS-6 framework to promote … [Read more...] about PM Phuc requires best preparations for regional summits
SINGAPORE - Media OutReach - 14 November 2019 - CIMB Bank Berhad, Singapore branch ("CIMB") today announced its collaboration with SESAMi Holding and Capital Match, to finance the SESAMi trading community's invoices digitally under an automated workflow. Photo: From left to right - Mr Sharath Singh, Commercial Director of Capital Match; Mr Ong Teck Soon, Chairman and Group CEO of SESAMi Holding; Mr Victor Lee, Deputy CEO of CIMB Singapore and CEO of CIMB Group Commercial Banking; Ms Lai Ven Li, Head of Corporate Banking of CIMB Singapore; Mr Desmond Loh, Co-Head of Transaction Banking of CIMB SingaporeSESAMi Holding, an e-procurement platform in Singapore serving the supply chain needs for customers like Singtel, SATS, SIA, SRC and more, acquired Capital Match, an invoice financing marketplace with operations in Singapore and Hong Kong. Mr Ong Teck Soon, Chairman and Group CEO of SESAMi Holding said, "SESAMi's integrated procure-to-pay and supply chain … [Read more...] about CIMB Bank Singapore Partners SESAMi-Capital Match to Bring Cost-effective E-supply Chain Financing Solutions to the Supplier Community