furniture export orders return but requirements higher

Furniture export orders return but requirements higher

While the demand for export markets remains low, the timber industry must increase its competitiveness to remain viable.
excelsior oak ltd becomes a shareholder in truong thanh furniture

Excelsior Oak Ltd. becomes a shareholder in Truong Thanh Furniture

Hong Kong-based firm Excelsior Oak Ltd. became a shareholder of Truong Thanh Furniture Corporation (TTF) on May 12, showing its ambition to enter Vietnam’s furniture industry.
vifa asean 2023 gathering all best southeast asian furniture

VIFA ASEAN 2023 – Gathering all best Southeast Asian furniture

Following the success of VIFA EXPO in March, the Vietnam ASEAN International Furniture & Home Accessories Fair - VIFA ASEAN 2023 will be taking place from August 29 to September 1 at the Saigon Exhibition and Convention Centre (SECC), promising to be a reliable and high-quality connection point for global manufacturers and buyers in the region.
six product groups enjoy over 1 billion usd exports to us in q1

Six product groups enjoy over 1-billion-USD exports to US in Q1

Six groups of products posted an export revenue of over 1 billion USD to the US market in the first quarter of this year, with the group of machinery, equipment, tools and spare parts topping with 3.98 billion USD, according to the General Department of Vietnam Customs.
wood industry striving to regain growth momentum

Wood industry striving to regain growth momentum

Having undergone numerous hardships, businesses in the wood industry are showing great resilience with a high level of adaption and flexibility to regain their growth momentum.
vifa expo 2023 to host more than 600 local and foreign firms

VIFA EXPO 2023 to host more than 600 local and foreign firms

The Vietnam International Furniture & Home Accessories Fair 2023 (VIFA EXPO 2023), running from March 8-11, is expected to attract more than 600 local and foreign businesses. The furniture industry’s largest annual exhibition is being organised by Lien Minh Co., Ltd.
an cuong seeks export partners at hawaexpo 2023

An Cuong seeks export partners at HawaExpo 2023

A wide assortment of export-standard wood-working materials, solutions and furniture from An Cuong Wood Working Materials JSC are on display at the ongoing Ho Chi Minh City Export Furniture Fair, HawaExpo 2023.
digitalisation in focus at vietnams furniture fair

Digitalisation in focus at Vietnam's furniture fair

An impressive drone performance opened the HawaExpo 2023 event in Ho Chi Minh City on February 22 to highlight the digital transformation trend in the furniture manufacturing industry in Vietnam. The fair claims to gather the nation's largest export manufacturers and is open from now until February 25 at the Saigon Exhibition and Convention Centre (SECC).
local groups stuttering amid drop in new orders

Local groups stuttering amid drop in new orders

The sharp drop in the number of orders has pushed Vietnamese exporters in textiles, garments, leather, footwear, wood furniture, and even food to close production lines and narrow their scale.
vat refund delays cause fear of bad debt for wood groups

VAT refund delays cause fear of bad debt for wood groups

As VAT refunds represent a crucial part of the cash flow of timber processors, the current delay is throwing a wrench in the operations of woodchip, furniture, and other timber-based producers, leading related associations to call for easier regulations.
scope exists for wider trade relations with great britain

Scope exists for wider trade relations with Great Britain

Every year, British businesses import about $7 trillion of goods from all over the world. These can include cars, iron and steel, medical equipment and supplies, electronic goods, textiles and footwear, furniture, foodstuffs, and more. Some Vietnamese enterprises have penetrated the UK market, but with a very humble market share.
germanys geuther to fuel boom of vietnams mum and kid market

Germany’s Geuther to fuel boom of Vietnam’s mum and kid market

Geuther, a premium kid’s furniture brand from Germany, has officially joined Vietnam's mum and kid market, which has been rising very fast and attracting many domestic and foreign corporations.
companies rush to provide for covid 19 orders

Companies rush to provide for COVID-19 orders

The demand has soared for tents to help out factories attempting to provide facilities for workers to eat and sleep on the premises.
enterprises at risk of falling out of global supply chains due to fourth outbreak

Enterprises at risk of falling out of global supply chains due to fourth outbreak

Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months.
furniture and agricultural products from vietnam to enjoy zero tariff access to peru

Furniture and agricultural products from Vietnam to enjoy zero-tariff access to Peru

A slew of products traded between Vietnam and Peru will be subject to zero tariffs as Peru officially ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).