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Tuesday, 13 December 2011 15:20

- Name: “Association of Vietnamese Investors in Myanmar - AVIM”.

            - Contact address:

In Vietnam: AVIM Office

Registered address: Vincom City Tower, No. 191 Ba Trieu, Hanoi.

Contact address: BIDV Tower, No. 35 Hang Voi, Hoan Kiem, Hanoi.

                                               Tel: 04.22201137                    Fax: 04.22201139

In Myanmar: BIDV Representative Office in Myanmar

                                   Registered address: 629/631 Pyay Road, Kamayut Township, Yangon, Union of Myanmar

Tel: +95.1.505400   Fax: +95.1.505366

-    Association President: Mr. Tran Bac Ha – Chairman of Management Board of BIDV.

Process of establishment: Implement the guidance of the Prime Minister, in order to gather the Vietnamese enterprises who have demand for investment in Myanmar into a united organization with the general guidance to avoid the disordered investment and loss of prestige, the Association of Vietnamese Investors in Myanmar was established under the Decision No. 236/QD-BNV dated 22/03/2010 of the Ministry of Home Affairs.

            On 26/03/2010, the Association held successfully the first plenary Congress in Hanoi and appeared on the occasion of Investment promotion conference of Vietnam in Myanmar took place in Yangon City, Myanmar on 03/04/2010 under the guidance of the Prime Ministers, Ministries, branches and enterprises of Vietnam and Myanmar.

            To this day, AVIM has 40 official Members (including: 37 business Members, 02 individual Members and 01 associate Member). The main agencies of the Association include: The Standing Committee with 9 members, Executive Committee with 19 members, Inspection Board with 03 members (list in the Annex enclosed). The Members of the Association belong to the economic sectors, diversified in many fields (finance – banking, petroleum, mining, aviation, food, industrial crop planting, trade…) in which there are a lot of Economic Groups and big Corporations of Vietnam (Bank for Investment and Development of Vietnam, Vietnam National Coal, Mineral Industries Holding Corporation Limited, Vietnam Airlines Corporation, Hoang Anh Gia Lai Group, PetroVietnam Fertilizer and Chemicals Corporation…).

                          Objective of operation, significance of Association establishment:

The Association of Vietnamese Investors in Myanmar is the professional organization of the organizations and citizens of Vietnam operating in the field of investment in Myanmar.

The purpose of the Association is to gather, organize and create conditions for the members to cooperate, combine efforts and help each other during the implementation of investment activities in Myanmar; provide information, demands, cooperation, mutual assistance in the joint venture, association between the enterprises of Vietnam and Myanmar to increase the financial capacity, resources, efficiency of investment activities; help the members when they meet with difficulties, risks in production and business; act as a head for the Vietnamese investors during their study, implementation of investment activities in Myanmar.

The establishment of Association of Vietnamese Investors in Myanmar has a great significance, positively contributes to the promotion of investment activities of the Vietnamese enterprises in Myanmar. Through that, not only create the efficiency for the Enterprises but also contribute to further promoting the economic cooperation, investment, trade activities between Vietnam – Myanmar in accordance with the policy, orientation of the Parties, Governments of the two countries.

Last Updated ( Monday, 16 April 2012 09:18 )