Myanmar – Emerging market

After isolation of tens of years, Myanmar opens market, boosts foreign investment and becomes one of the emerging economies in the area. Myanmar’s President Thein Sein has led this country to “irreversible change” and tripled the size of the economy within three years. In comparison with other countries in the area, Myanmar holds various advantages, from strategic location aside to India, China, Thailand, young labor force to abundant natural resources.

Investment incentives also encourage investors to do business in this market. Reduction of Tax on profits from export up to 50 percent on the profits accrued from exported goods.  According to Oxford Business Group, Exemptions or relief from income tax are available for business profits that are maintained in a reserve fund and subsequently re-invested within one year after the reserve fund. Tax exemption on import is applied to imported equipment and materials used in business for the period of construction and for the first 3 years of commercial production.

Myanmar – Hunger for qualified functional food

The term functional food was first introduced in Japan in the 1980s and refers to food products with special ingredients that provide physiological benefits.

With the significant economic development, Burmese care more and more about their health and increase the interest in healthy food and pay more attention to the importance of functional food to help them improve health and living quality.

However, now there are very few products and companies in this industry being able to meet the growing demand in Myanmar. Therefore, it will be a great chance for foreign investors who are looking for high-demand and less competitive market as Myanmar.

Myanmar Functional Food 2016

For those reasons, VEAS – one of the leading exhibition organizers in Vietnam will launch the Only International Trade Show for Functional Food Industry in Myanmar - Functional Food Myanmar Expo 2016, taking place from 20 – 22 May 2016 at Rose Garden Hotel, Yangon, Myanmar. It aims at establishing bridges between foreign enterprises and local partners, building platforms for B2B network among parties in functional food industry.

To promote exhibitor brands, the exhibition organizer utilizes an array of online and offline marketing tools to raise the brand awareness of exhibitor images to the local such as marketing collaterals including featured logos on monthly email blast, print advertisement page on show directory and show preview, advertise on local magazines, organizing workshops and B2B meetings before and during exhibition.

We are honored to have the large media network with well-known exhibitions, international as well as local magazines such as Contineo Media, Food Industry Asia, Food Dubai, Food News International, Wellness Magazine, Crown Magazine, etc..

The Kick-off in Thailand and Myanmar ended successfully in the last February with more than 100 attendees of local companies, organizations and media agencies. It has also received such positive responses from operators around the world that the exhibition space of 2,000 square meters is now almost fully booked by more than 50 leading global organizations and enterprises.

Only a few booths left, join us now via email info@veas.com.vn or telephone (+84) 8 3842 7755

See you on May 20-22, 2016

Rose Garden Hotel, Yangon, Myanmar

Myanmar Functional Food 2016