Successful launching of Myanmar Gar-Tex Expo in Ho Chi Minh City - 24th November 2016
In the morning of 24th November 2016, at Liberty Central Saigon Centre Hotel, Ho Chi Minh, Vietnam, the kick off meeting for Myanmar Gar-Tex Expo was ended successfully with an exciting discussion brought on the table throughout our distinguished guests Ms. Nguyen Thi Tuyet Mai – Deputy Secretary General of Vietnam Textile & Apparel Association, Mr. Aung Phyo Chit – Assistant of Myanmar Garment Manufacturers Association and Mr. Nguyen Ba Vinh – Director of Minh Vi Exhibition & Advertisement Services Co., Ltd, together with 72 representatives from media, companies and organization who are doing business in textile & garment sector.
In the opinion of Ms. Mai, Myanmar is a potential market, the embargo has been removed, along with preferential policies on tax reduction schedule separately for the least developed countries and the establishment of the ASEAN Economic Community are open great opportunity for Vietnam's garment sector. Myanmar’s GDP growth reached 5.3% in 2010-2011. Since the US embargo to be removed, trade between the United States and Myanmar soared, 2015 increased 5 times compared to 2014.
Mr. Aung Phyo Chit - Assistant of Myanmar Garment Manufacturers Association shared Myanmar with economic growth rapidly, 2015 increased by 8.7% growth, attracting investment in Myanmar in 2015 reached 1.7 billion USD, in 2016 is expected to reach $ 2.2 billion. As for the textile industry, exports to Myanmar in recent years continued growth. 2014 reached $ 1.5 billion, $ 1.7 billion in 2015 and 2016 is expected to reach $ 2.2 billion. Of which export to the EU countries increased by almost 40%. The main export markets of Myanmar's textile industry in Japan and South Korea and 33% in the EU and at 25%, the United States and China with 2.4%.
As a positive answer to the potential of Myanmar textile & garment sector, Mr Nguyen Ba Vinh – Director of Minh Vi Exhibition & Advertisement Services Co., Ltd is represent the organizer to take the honor to hold The Exhibition & Conference for Textile & Garment industry for Myanmar - Myanmar Gar-Tex Expo 2017 . The unique exhibition will be held from 29th to 31st March, 2017 at Rose Garden Hotel, Yangon, Myanmar. More than 3,000+ Trade Professional Visitors will discuss business opportunities with the 80+ suppliers from China, India, Thailand, Myanmar, Malaysia, Vietnam, Netherland, Turkey, Italy …. are waiting for you on 3 days at Myanmar Gar-Tex Expo 2017.
Be Seen at Myanmar Gar-Tex Expo 2017!