Association of Real Estate Vietnam and Myanmar signed a memorandum of cooperation

26/10/2017   Viewed: 1100
The signing ceremony of the Memorandum of Understanding (MOU) between the Vietnam Real Estate Association (VNREA) and the Myanmar Real Estate Services Association (MRASE) took place on October 19 in Hanoi.
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President of VNREA and Myanmar at the signing ceremony.

The Memorandum of Understanding aims to memorandum the cooperation between VNREA and MRASE, while seeking support for business matching opportunities for members of both Associations; Cooperation for members to work together in the market of Vietnam and Myanmar. Through this memorandum, members have the opportunity to cooperate and promote the supply and exchange of products and services to achieve maximum business efficiency.

Speaking at the signing ceremony, Mr. Nguyen Tran Nam - President of VNREA, former Deputy Minister of Construction highly appreciated the signing of Memorandum of Understanding between the two associations. At the same time, thank you for the goodwill of the Myanmar Real Estate Association.
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President of Myanmar Real Estate Association presented souvenir to President of VNREA.

Nam stressed that Vietnam is one of the countries that has invested heavily in Myanmar in recent years. Major areas of investment are telecommunication, banking and real estate ... with big enterprises such as Hoang Anh Gia Lai, Viettel, BIDV ... Besides, for small and medium enterprises There is also a need to seek investment opportunities in the Myanmar market.

According to VNREA President, the Government of Vietnam always has open policies for foreign businesses to invest. To date, Vietnam has attracted over $ 100 billion in foreign investment. At the same time, this is also an opportunity for businesses of the two associations to learn from each other in the process of developing market exchanges, helping each other understand the law as well as business opportunities in the market of the two countries. .
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Members of two associations take souvenir photos.

MRASE Chairman, Khin Maung Than said: MRASE was established in 2012, has more than 5,000 members in 15 states and many regions of Myanmar. Members of MRASE are eligible for professional training on real estate. "MRASE hopes to have the opportunity to share and exchange more with VNREA in Vietnam market in general and real estate in particular after the memorandum of cooperation is done. We would like to thank VNREA for their warm welcome, "Khin Maung Than said.

In addition, the members of the delegation also asked a number of questions about VNREA legal status when foreigners want to invest in real estate and real estate in Vietnam as well as house and land in Vietnam is different? Questions about Vietnam's property policies and laws were answered by VNREA President Nguyen Tran Nam.

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