VUFO vice chairman Nguyen Van Kien and Myanmar ambassador to Vietnam Khin Maung Soe recalled traditional relations between Vietnam and Myanmar. Since establishing diplomatic ties in 1975, bilateral relations have been strengthened and developed in many fields. Leaders from the two countries often exchange visits.

With great efforts both sides have achieved significant results in economic and trade co-operation. Despite the global economic crisis, two-way trade value reached US$108.2 million in 2008 and US$99 million in 2009.

In recent years, many Vietnamese businesses have implemented big projects in Myanmar, including the Vietnam Army Telecommunications Group (Viettel), the Vietnam Oil and Gas Group and the Bank for Investment and Development of Vietnam.

Furthermore, the two countries have discussed a number of measures to boost co-operation in agriculture, forestry, seafood, transport, electric equipment manufacturing, automobile assembly, tourism, construction, and civil aviation. They have fostered co-operation in multilateral forums, such as ASEAN, Greater Mekong sub-region (GMS) and the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS).