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Event News  

Ho Chi Minh City, Vietnam
11-14 March 2015

PRA Bigger & Better Show

VIFA EXPO 2015 opened on March 11 at the Saigon Exhibition and Convention Center in district 7 of Ho Chi Minh City, Vietnam. The event was held over four days and organized jointly by the HCM City Department of Industry and Trade, HAWA and HAWA Corporation.

The event, which actually combines two annual wooden furniture fairs - VIFA and EXPO - has seen an increase of 25 per cent and 42 per cent in terms of the number of exhibitors and scale from last year, Nguyen Quoc Khanh, chairman of the Handicraft and Wood Industry Association of HCM City (Hawa), said.

There were 177 exhibitors who put up 900 booths, including 31 foreign exhibitors from 17 countries and territories, up 89 per cent, he said.

Products on display include wooden products (accounting for 73.7 per cent), handicrafts (2.6 per cent), interior accessories (15.4 per cent), and support industry products (8.3 per cent). The fair featured seminars on improving the quality of humanresource training in the wood industry and on opportunities and challenges in exporting wood products to the US.

Speaking at the opening ceremony, Deputy Minister of Industry and Trade Tran Tuan Anh said that despite the global economic difficulties, Vietnam’s wooden furniture industry achieved US$6.2 billion in exports last year, a year-on-year increase of 11.5 per cent. VIFA -EXPO 2015 offers an opportunity for trade promotion by bringing local and international companies together for more trade co-operation and exchange, he said.

Huynh Van Hanh, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City, saw good opportunities for Vietnam’s furniture export. He said at the opening ceremony that among the ten biggest wooden furniture exporting countries, Vietnam enjoys good conditions to boost its competitiveness.

“Vietnam has many advantages in terms of production potential and opportunities. If there are right policies, Vietnam can raise its global market share from the current 1.5% to 5% in the next five years, meaning additional revenue of 15 billion USD”