Gov’t chief wraps up Myanmar visit

During the visit, PM Phuc met with President Win Myint and Speaker of the Union Assembly of Myanmar T. Khun Myat, and held talks with State Counsellor Aung San Suu Kyi. 

During these events, the Vietnamese PM and Myanmar leaders shared the view that the comprehensive cooperative partnership between the two countries are florishing; their friendship, mutual understanding and political trust have been tightened through the regular exchange of visits and high-level meetings; economic and investment cooperation enjoy strong growth; and people-to-people exchange has been strengthened.

The two-way trade turnover touched US$ 1,020 billion in 2019, outstripping the goal of US$ 1 billion that the two countries had earlier set for 2020. Viet Nam is among the top foreign investors in Myanmar with over 20 investment projects.

The PM welcomed Myanmar’s proposal on setting up a Viet Nam Industrial Park in Myanmar, and affirmed that the Vietnamese Government encourages Vietnamese businesses to invest in Myanmar while welcoming Myanmar firms’ presence in Viet Nam.

PM Phuc and State Counsellor Aung San Suu Kyi witnessed the signing and handing over of four cooperation documents, including an action plan for implementing the Comprehensive Cooperation Partnership for 2019-2024, a Memorandum of Understanding (MoU) on agriculture and rural development cooperation, and a MoU between the two foreign ministries, and a diplomatic note amending the agreement on visa exemption for ordinary passport holders of both countries.

The two sides agreed that as ASEAN members, the two countries and other ASEAN members should continue to support ASEAN’s common stance on the East Sea issue, the settlement of disputes by peaceful measures in line with international law, to contribute to maintaining peace, stability and cooperation in the East Sea.

Viet Nam and other ASEAN countries will continue to support Myanmar in addressing the Rakhine state issue while ensuring peace, stability and national reconciliation.

During the visit, PM Phuc toured some major investment establishments of Viet Nam in Yangon, including telecom operator Mytel, a joint venture between the Viettel Military Industry and Telecoms Group and two local partners, and the Yangon branch of the Bank for Investment and Development of Viet Nam (BIDV). He also attended the opening ceremony of the first representative office of HDBank in Myanmar.

The PM also visited the Vietnamese Embassy, and held meetings with representatives of the Vietnamese community in Myanmar, the Chairman of the Viet Nam-Myanmar Friendship Association and the Chief Minister of Yangon Region./. 

By Kim Anh