Home » Business » Vietnam’s Satra to set up Myanmar rep office

Saigon Trading Group (Satra) will open a representative office in Myanmar in May to promote trade, investment and tourism for the group and HCMC.

The decision was signed by Chairman Le Tung of Satra’s board on January 23 with the group now undergoing necessary procedures to put the office into operation in May as scheduled.

The office will represent the interests of Satra and serve as the group’s trading hub in Myanmar. It will advertise the brand name and products of Satra to improve business relations with customers in this market.

In addition, the representative office will be in charge of trade, investment and tourism promotion for HCMC, said a representative from Satra.

HCMC vice chairwoman Nguyen Thi Hong has signed a decision assigning the representative office of Satra in Myanmar to function as a representative office of the city.

In particular, the office will provide information about laws and policies of Myanmar’s government to help enterprises in HCMC orientate their production and business activities. It will conduct market studies to boost trade, investment and tourism between HCMC and Myanmar.

In collaboration with HCMC-based companies, the representative office will organize promotion events, fairs and exhibitions in Myanmar. It will assist enterprises in negotiating trade contracts with Myanmarian partners and give Myanmarian investors guidelines on procedures and policies of Vietnam.

In September 2009, Satra set up a representative office in Yokohama, Japan to promote trade, investment and service between the group and its partners.

Enterprises looking for information can contact Satra’s representative office in Myanmar, which would be located at 70 Phone Gyi Road, Landmadaw Township, Yangon.

(Sai Gon Times)

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