The Fisheries Departments of Vietnam and Myanmar will set up a working group on fisheries cooperation and hold its first session soon in Hanoi.
The plan was revealed at talks between Minister of Agriculture and Rural Development Cao Duc Phat and Myanmar Agriculture and Irrigation Minister Myint Hlaing, in Hanoi on Aug. 22.
The two sides agreed to boost cooperation in personnel training and exchange of research results and scientific advances in the agricultural sector.
The Vietnamese side asked Myanmar to consider and sign an agreement on forestry and implement the memorandum of understanding on agriculture.
At the working session, Minister Myint Hlaing made a commitment to create favourable conditions for Vietnamese businesses to invest in agricultural areas such as long-term leasing of land for industrial crop growing, processing and husbandry. Vietnamese businesses can rent land to grow rubber for 50 years or more, he added.
Minister Cao Duc Phat said that many Vietnamese businesses are ready to cooperate and invest in rubber, sugar cane planting and processing./.