May 14, 2011

60% increase in trade turnover between Vietnam and Myanmar

Vietnam has invested nearly US$23.650 million in Myanmar since 1988 and is now one of Myanmar’s 20 biggest importers, primarily of agricultural, forestry and seafood products. Vietnam exports to Myanmar steel, electronics, pharmaceuticals, construction materials, cosmetics, garments and textiles.

Last year, Vietnam earned US$47 million from exports to Myanmar and two-way trade turnover in 2010 increased 60 percent compared to the previous year.

Source: VOV