Vietnam trade office warns exporters to Myanmar
Potential exporters should beware of Myanmar, the Vietnam Trade Office in Myanmar has warned. In a recent statement, it urged those enticed by Myanmar’s demand for imported goods to be careful of what it characterized as inefficient, unreliableMinistry of Commerce: exports up 36% YoY
The MOC’s efforts to boost the countries’ export seem to start paying off. According to their most recently released data, exports were up 36% this fiscal year, from October to December, compared to the same period last year, totaling USD
China bought 10.8 million tons of oil in 2019
Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi
Garment tycoons optimistic despite strike
Myanmar’s garment industry is on track to meet its goal of USD 10 billion in exports by 2024, according to the Myanmar Garment Entrepreneurs Association (MGEA). The statement comes despite ongoing strikes and protests from garment workers. TheMyanmar’s sea trade up 10% YoY
As reported by Xinhua, Myanmar’s trade through sea routes for current fiscal year (started in October) reached over USD 4.8 billion as of December 6. With USD 2 billion earned through maritime export and imports amounting to USD 2.8 billion, th
