Vietnamese Joint Venture to Offer Microfinancing in Myanmar

HO CHI MINH CITY — Vietnam’s Dragon Capital Group and Myanmar’s Ruby Hill Financial on Wednesday signed a deal to set up a joint venture that will provide loan products and services to the burgeoning workforce driving Myanmar’s rapid economic development. Ruby Hill will hold a 51% stake in Yangon-based Ruby Hill Microfinance, while the […]

Foreign wine imports to hit Myanmar’s shelves

Wine suppliers are distributing foreign brands into the local market legally for the first time after the Ministry of Commerce opened the door to imported wine earlier this year, though only a handful of companies have so far been licenced, industry sources said. U Tin Ye Win, a commerce ministry director in Nay Pyi Taw, […]