– Vietnam’s wood products export turnover expected to hit US$8 Bn in 2017
– Many factories eager to upgrade production to obtain more orders
– New pre-event technical seminar series to capture the right audience
A factory in the south of Vietnam
Vietnam’s furniture industry is no doubt growing. Wood and wood products export turnover is forecast to reach US$8 Bn in 2017, posting a 14 per cent year-on-year increase and surpassing the target of US$7.6 Bn set earlier last year, according to the Handicraft and Wood Industry Association of Ho Chi Minh (HAWA).
The two-digit growth rate this year is possible because companies invested in technology and design, Huynh Van Hanh, deputy chairman of HAWA, said in an interview with VietNamNet. Many are keen to make capital investments and expand production to supply customers in U.S., Japan, EU, China and South Korea. A new generation of managers is also kickstarting design teams and marketing them under their own brand.
Given the high growth potential of this market, VIFA Woodmac provides access to more than 1,500 exporting companies in need of new technology to expand capacity. The show is located in Binh Duong province, Vietnam’s furniture and wood processing hub. It is near Long An, Dong Nai province and Ho Chi Minh City where 60 per cent of factories are located.
Pre-event technical seminar series
This year, a new pre-event technical seminar series* will allow international exhibitors to introduce machines tailored for the Vietnamese market. It is held one day in May and July respectively with opportunities for networking. The audience will mostly be members from the Binh Duong Furniture Association (BIFA) and HAWA, both of whom are co-organisers of VIFA Woodmac Vietnam. Both associations represent a majority of Vietnam’s 4,000 over wood processing and furniture companies.
These two seminars lead up to VIFA Woodmac in October, where delegates will be able to find out more about the machines and services offered.
Based in Binh Duong, VIFA Woodmac Vietnam 2018 is set to unlock endless possibilities for your business in Vietnam and the region!
*More details to be available soon.
|Date: Oct 24 – 27, 2018|
Venue: Expo Binh Duong, Binh Duong province, Vietnam
For more info: www.vifavietnamwoodmac.com