Chu Cong Phung, former Ambassador of Vietnam to Myanmar, was re-elected as Chairman of the association for the term 2021-2026.
Reports presented at the congress show that the Vietnam – Myanmar relations have developed fruitfully in the past nearly 50 years. The establishment of comprehensive partnership between the two countries in 2017 opened up channels of dialogue and close cooperation at the ministerial level in foreign affairs, defense, security, and economy – trade.
Vietnam is now the ninth largest trade partner of Myanmar and the 7th biggest foreign investor in the Southeast Asian nation. Two-way trade reached 1.02 billion USD in 2019, and exceeded the set target for 2020. By the end of April 2021, Vietnam’s total licensed investment capital in Myanmar is 2.2 billion USD, including 11 projects, mainly in telecommunications, construction, and banking.
In the previous tenure, the Vietnam - Myanmar Friendship Association organized many activities with practical results, contributing to promoting the comprehensive cooperative partnership, enhancing mutual understanding and friendship.
In the next term, the Vietnam - Myanmar Friendship Association plans to continue strengthening cooperation with the Myanmar Embassy in Hanoi, the Vietnamese Embassy in Yangon, and the Myanmar - Vietnam Friendship Association to organize exchange activities, and effectively implement the MoU signed by the two associations.
It will also enhance linkages and cooperation with professional associations, religious, political, cultural and social organizations in order to foster economic cooperation and cultural, educational and medical exchange between the two countries.
Source: VNA