Business

VietnamWood slated for October in HCM City

The Vietnam International Woodworking Industry Fair (VietnamWood) is scheduled to take place in Ho Chi Minh City from October 18-21, Chan Chao International Co., Ltd, an organiser of the event, said on August 20.
VietnamWood slated for October in HCM City ảnh 1At VietnamWood 2017 (Photo: VNA)
HCM City (VNA) – The VietnamInternational Woodworking Industry Fair (VietnamWood) is scheduled to takeplace in Ho Chi Minh City from October 18-21, Chan Chao International Co., Ltd,an organiser of the event, said on August 20.

VietnamWood 2022 will introduce cutting-edgetechnologies, solutions, and innovations by exhibitors from 22countries and regions from around the world, including Germany, Austria, theUnited States, France, Canada, and Taiwan (China).

Organisers of VietnamWood recently signed astrategic partnership agreement with NürnbergMesse, one of the world’s largestexhibition companies based in Germany.

This strategic partnership will help to connect moreoverseas buyers and exhibitors in order to fulfill the growing demand for thelatest manufacturing technologies and skills.

Vietnam's exports of timber and wood products havedecreased due to the impact of high inflation in the export markets.

According to the General Department of Customs,Vietnam's export value of timber and wood products in June fell by 4.9% on-yearto 1.5 billion USD. Timber exports in June were estimated at more than 1.03billion USD, down 18.1%.

In the first six months, the export value of timberand wood products surged by 2.8% on-year to 8.5 billion USD. But the exportvalue of wood products plunged by 4.6% on-year to 6 billion USD.

Wooden furniture was the key export item in thestructure of export timber and wood products in the first five months of thisyear. However, the export value decreased due to slowing global demand./.
VNA
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