They were pleased to note that Việt Nam had also become the seventh largest foreign investor in Myanmar with 18 large projects worth nearly $2.2 billion. The Deputy PM lauded the Central Bank of Myanmar’s recent policies that supported the operation of foreign credit institutions, including those from Việt Nam. He asked the Myanmar side to continue enabling Vietnamese credit institutions to establish and expand their presence in the nation. For his part, Soe Win said the Myanmar government was making efforts to simplify administrative procedures to create an open business climate for foreign investors, including those from Việt Nam. He added that these efforts took time and asked Vietnamese investors to be patient and co-operate with authorities.
