Yangon - Myanmar and Vietnam have signed a memorandum of understanding on strategic cooperation in the petroleum sector, state-run media reports said Wednesday. The "strategic cooperation in oil and gas" agreement was signed Tuesday between Myanmar Energy Planning Department director-general Soe Myint and PETROVIETNAM chief executive officer Tran Ngoc Canh, said The New Light of Myanmar.
The signing was witnessed by Vietnamese Prime Minister Nguyen Tan Dung who was in Myanmar's new capital of Naypyitaw Tuesday to discuss bilateral relations with Myanmar's military regime.
While in Naypyitaw, 350 kilometres north of the old capital of Yangon, Dung met with Myanmar Acting Prime Minister Lieutenant General Thein Sein to discuss "matters on mutual cooperation and further cementing of friendly ties between the two countries," said Myanmar's state-run media.
Both Vietnam and Myanmar are members states of the Association of South-East Asian Nations (ASEAN). Dung is on tour of the ASEAN region that has already taken him to the Philippines, Indonesia and Singapore and will end in Brunei.
