Vietnam wants to continue boosting trade ties with Myanmar: Ambassador
Vietnam hails Myanmar’s achievements in structural reforms and impressive economic growth in the past year, and wants to continue bolstering the economic-trade and investment ties with the nation in the time to come, a Vietnamese diplomat has said.
Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the United Nations, the WTO and other international organisations (Photo: VNA)
Geneva (VNA) - Vietnam hails Myanmar’s achievements in structuralreforms and impressive economic growth in the past year, and wants to continuebolstering the economic-trade and investment ties with the nation in the timeto come, a Vietnamese diplomat has said.
At the second review of the trade policies and practices of Myanmar, which tookplace the World Trade Organisation (WTO)’s headquarters in Geneva on February 15-17, Ambassador Le ThiTuyet Mai, head of the Permanent Mission of Vietnam to the United Nations, the WTOand other international organisations affirmed the Vietnam-Myanmar relationshave been unceasingly consolidated in the past time, and both nations upgradedtheir ties to comprehensive partnership.
Two-way trade has been increasing despite formidable challenges caused by theCOVID-19 pandemic, she said.
Mai highlighted Vietnam welcomes Myanmar’s positive response to the regionalintegration progress, stating the country joined hands with the ASEAN memberstates, the Republic of Korea, Japan, New Zealand, Australia and China to finalisenegotiation and clinch the Regional Comprehensive Economic Partnership (RCEP) -an important milestone in the region’s trade cooperation.
Vietnam hoped Myanmar would be successful in this trade policy review, sheadded.
Through the review, the WTO members had a comprehensive understanding of thedevelopment, changes, and challenges in trade and investment as well as Myanmar’srelevant policies in the fields from 2014 to November 2020.
At the event, the ASEAN member states welcomed Myanmar’s transparency ingranting import licences, customs valuation, technical standards, and epidemiologicalsafety measures, while speaking highly of its response to the COVID-19pandemic through giving support packages and promoting trade which helpedfacilitate conditions for investment.
They also voiced concern over the political situation in the nation, and saidit is necessary to stabilise political situation in each member state with aview to forming an ASEAN Community of peace, stability and prosperity.
Meanwhile, all WTO members hailed Myanmar’s efforts in poverty alleviation,inequality reduction, and clear economic transformation.
Several welcomed Myanmar’s proactive participation in the WTO since the nationengaged in multilateral negotiations on e-commerce, an agreement on fisheriessubsidies, facilitation of investment, and micro, small and medium enterprises,among others.
𒆙 However, they said they were concerned about Myanmar’s transparency on tradeand investment regulations, calling on the nation to continue reforms topromote growth and handle inequality.
Trade Policy Reviews are an exercise, mandated in the WTO agreements, in which member countries’ trade and related policies are examined and evaluated at regular intervals. Significant developments that may have an impact on the global trading system are also monitored. All WTO members are subject to review, with the frequency of review depending on the country’s size./.
Myanmar’s foreign policy will remain unchanged and the country will continue to pursue friendly relations with all other nations, said Commander-in-Chief of Defence Services Min Aung Hlaing in a televised address on February 8.
Vietnam calls on the international community and development partners to further support the transition to democracy in Myanmar, matching the wishes and interests of Myanmar people.
Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the United Nations, the World Trade Organisation (WTO) and other international organisations, has affirmed that Vietnam together with ASEAN member states and other WTO members support and congratulate Ngozi Okonjo-Iweala on her election as WTO General Director.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the United Nations, the WTO and other international organisations (Photo: VNA) 
