Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc and State Counselor of Myanmar Aung San Suu Kyi agreed to further deepen bilateral trade and investment on win-win basis towards achieving 1 billion USD or higher in two-way trade during their talks in Hanoi on April 19. The talks took place right after the welcome ceremony […]
Vietnam-Myanmar relations will grow further: ambassador
The official visit to Vietnam from April 19-20 by Myanmar State Counsellor Aung San Suu Kyi will enhance bilateral friendship and boost cooperation in order to create a foundation to develop the two sides partnership, according to Vietnamese Ambassador to Myanmar Luan Thuy Duong. This is the first official visit to Vietnam by Aung San […]
Myanmar’s business confidence plummets as policy uncertainty bites: survey
YANGON (Reuters) – Business confidence among entrepreneurs in Myanmar dropped “drastically” this year due to unclear economic policy, a survey shows on Tuesday, amid growing frustration over leader Aung San Suu Kyi’s management of the fledgling economy. Suu Kyi has identified economic reform as a key goal to complete Myanmar’s democratic transition after decades of […]
Myanmar’s Tourism Destination Dreams Fade Amid Empty Hotels
With its sweeping view of the Shwedagon Pagoda, a glittering golden stupa and Myanmar’s top cultural attraction, the Esperado Lake View Hotel should be in an enviable spot. Yet, just two years after it was built, this four-star hotel sits half-empty for many months at a time, according to manager Nero Kyaw Wai. “We aren’t seeing […]