According to the Myanmar Hoteliers Association, Vietnamese businessmen will invest in a hotel in Yangon for the first time.

The proposed hotel is likely to be located along Kaba Aye Pagoda Road, in close proximity to Sedona Hotel, Yangon.

It was also reported that a Vietnamese airline is planning to add Myanmar as a new flight route.

Currently, the city has five other foreign-invested hotels, out of which three are from Thailand and one each from China and Singapore.

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