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NEWS UPDATES Asean Affairs        14  June  2011

Vietnam, Myanmar strengthen ties

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Deputy Prime Minister Hoang Trung Hai and Myanmar Vice President U Tin Aung Myint Oo affirmed both governments would have support policies in place to strengthen multi-faceted cooperation, particular their economic partnership.

They also encouraged businessmen to invest and trade with their counterparts in both countries. They made these statements while attending a Vietnam – Myanmar business partnership forum in the Myanmar capital Nay Pyi Taw.

At the forum, both sides reviewed the implementation of high-level agreements signed in April 2010, and heard business reports from both communities.

Positive steps in business and trade have been made between the two countries. Last year, hundreds of Vietnamese enterprises sought investment opportunities in Myanmar, and direct air routes from Ha Noi and HCM City were opened. Dozens of Vietnamese enterprises also opened shops in Myanmar including Vietnam Airlines, the Bank for Investment and Development of Viet Nam and Viettel Group.

Import-export turnover between the two countries last year reached more than US$150 million, a 54 percent increase compared to 2009.

During the forum, enterprises discussed and signed agreements or business and trade co-operation contracts. Along with the agreements signed between ministries, this would lay the foundation for more development in cooperative relations between the two countries.







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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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