Exhibition booth (Photo: VNA) Ho Chi Minh City (VNA) – Vietnam International Furniture & Home Accessories Fair (VIFA-EXPO 2022), the largest and most prestigious trade fair for domestic furniture and wooden products exports, opened on August 31 in Ho Chi Minh City.
The fair covers an area of 15,000 square meters and has around 1,000 booths with around 200 domestic and international companies (of which 34 are foreign).
Dang Kok Hung, director of event organizer HAWA Corporation, said each company will bring a variety of products to the event, along with machinery and components that serve the industry.
Within the framework of the trade fair, workshops on material sources and digital applications in import-export activities will be held with the participation of experts and representatives of associations and companies.
VIFA-EXPO 2022 is the first offline trade show for the domestic furniture and wood industry in three years due to the coronavirus pandemic, and will be held until September 3rd.
Vietnam's timber and timber product exports decreased due to the impact of high inflation in the export market.
The General Department of Customs announced that Vietnam's exports of wood and wood products decreased by 4.9% year-on-year to $1.5 billion in June.
Exports of timber and timber products in the first half of the year totaled $8.5 billion, an increase of 2.8% year-on-year. However, the export value of wood products fell by 4.6% from the previous year to $6 billion.
In the structure of export wood and wood products in the first five months of this year, wooden furniture was the main export item. However, exports decreased due to a slowdown in global demand.
