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Archive for July, 2013

China-Myanmar Pipeline Starts Delivering Gas

(Updated: 2013-07-29) The Myanmar section of a Myanmar-China natural gas pipeline, a project co-invested by six parties from four countries including China, Myanmar, South Korea and India, was inaugurated on Mandalay as it began to deliver gas to China. Myanmar Vice President U Nyan Tun, China’s Ambassador to Myanmar Yang Houlan and a South Korean […]

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Posted in: China

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China Issues Trade Facilitation Measures

(Updated: 2013-06-27) China rolled out measures on 24th July to stabilize weak trade as its economy undergoes restructuring. “China faces a complex and challenging environment, with exports and imports easing their pace of growth. We need to advance innovative mechanisms to enhance trade facilitation and enterprises’ competitiveness,” Premier Li Keqiang said at a meeting of […]

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Posted in: China

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Foreign Banks Get Gradual Access to Market

(Updated: 2013-07-22) Though foreign banks are hoping to enter the banking market in Myanmar as quickly as possible, more regulation and infrastructure – and a number of intermediary arrangements – are needed before that can happen, officials told an international banking and finance conference in Yangon on July 16. Daw Naw Eh Hpaw, deputy director […]

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Posted in: Myanmar

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Supplemental Nutrition Drink Manufacturers Enter a New Race

(Updated: 2013-07-20) While the battle among green tea manufacturers is described as a noisy fight, the competition among supplemental nutrition drink manufacturers has been going quietly, but very fiercely. The new potential market segment In March 2013, Tan Hiep Phat launched a noisy marketing campaign, introducing its new product–Number One Vitamin, after a long period […]

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Posted in: Vietnam

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Firms Eager to Invest in Retail Industry

(Updated: 2013-07-19) Several domestic firms have seized the opportunity to invest in Vietnam’ retail industry, even though the economic crisis is far from over. Nguyen Manh Duy, managing director of the Ocean Retail and Real Estate Management Company, says that Ocean Group, his parent company, plans to open between 70-80 supermarkets and shopping centres nationwide […]

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Posted in: Vietnam

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Draft Telecoms Law to Ease Import Scheme

(Updated: 2013-07-17) The draft telecommunications bill that will soon be presented to the lower house will include a provision allowing the free import of communication devices exempt from Myanmar’s standard licensing scheme, Myanmar Computer Federation executive committee member Zaw Min Oo told Mizzima. Under the current telecoms law, importing telecoms devices and equipment required an import […]

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Posted in: Myanmar

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Foreign Suppliers Eye Auto Parts Market

(Updated: 2013-07-15) Foreign automotive parts suppliers are seeking to enter Myanmar to cater to the growing need for spare parts, a Union of Myanmar Federation of Chambers of Commerce and Industry official said last week. U Myo Thant, a member of the federation’s central executive committee, said demand for auto parts is accelerating and that […]

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Posted in: Myanmar

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