Da Nang Delegation Promotes Trade, Investment and Tourism in Thailand and Myanmar
From 2nd to 7th April 2017, the Department of Foreign Affairs coordinated with the Da Nang Trade Promotion Centre to organise a successful business trip to Thailand and Myanmar with the purpose of inviting agencies and businesses in Thailand and Myanmar to participate in the 2017 International East–West Economic Corridor Trade, Investment and Tourism Fair (EWEC 2017), which is scheduled to take place from 11th to 16th August 2017 in 29th March Park, Da Nang City.
The delegation worked with the Thai-Vietnamese Business Association
In Thailand, the delegation had a meeting with Mr. Pho Hoang Han, Vietnamese Deputy Ambassador to Thailand and the Thai-Vietnamese Businessmen Association as well as representatives from the Thai Chamber of Commerce (UTCC). Thai businesses were very interested in the opportunities that the Fair promised to bring. In particular, Pranda Jewelry PCL Group, Thailand's leading jewelry brand, expressed their desire to open a branch in Da Nang. Representatives from UTCC also confirmed their visit to Da Nang in June 2017 and hoped that the city would support the delegation to work in the commercial and industrial zones in the city.
Also within the framework of the working trip, the delegation arrived in the old capital Yangon, the largest commercial city of Myanmar. Here, the delegation had a meeting with Mrs. Luan Thuy Duong, Vietnamese Ambassador to the Republic of the Union of Myanmar and the Union of Myanmar Travel Association (UMTA). It is clear that Myanmar is one of the potential markets for Vietnamese businesses in the future, especially for such products as jewelry, minerals and spiritual tourism. Moreover, statistics show that goods produced by Myanmar are only sufficient to supply 10-15% of the domestic market, therefore, there is substantial opportunity for Viet Nam exports to Myanmar.
After the working mission, the Department of Foreign Affairs has been promoting the establishment of a cooperation relationship between Da Nang and Phuket (Thailand) as well as Mandalay City (Myanmar). If successfully promoted, these partnerships promise to bring more trading opportunities for the corporations and businesses of both sides.