VietnamWood to help revive woodworking industry

The trade fair is taking place at the Saigon Exhibition and Convention Centre (SECC), from September 20 to 23, and will feature exhibitors from various supply chain sectors offering a wide array of top-quality products, services, and solutions.

According to Phung Quoc Man, deputy chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), "Vietnam's wood exports have shown signs of recovery since the beginning of the third quarter this year. The turnover of wood exports reached over $1.1 billion in August after a long period of decline."

"So, VietnamWood 2023 is taking place just at the right time, the wood industry is showing signs of recovery and preparing to enter a new cycle after a long, challenging period. We expect to host 320 exhibitors from 28 regions and countries as they present the latest woodworking product lines and engage in various curated events and activities," Man added.

Vietnam is the world's fifth-largest exporter of wood and timber products, and Vietnam imports about $240 million of wood processing machinery on average each year.

With a strong focus on the national digital transformation of the past few years, VietnamWood 2023 will display the Automatic Production Line and Wood System Integration aiming to transform the Vietnamese woodworking industry.

In addition, there will be eight themed pavilions, including representatives from Austria, Canada, France, Germany, Italy, Russia, the United States, and Taiwan, providing a platform for Vietnamese businesses to interact and exchange ideas with foreign companies on perspective technological developments.

As Vietnam has a substantial demand for woodworking machinery and components, VietnamWood offers a comprehensive showcase of woodworking technology, raw materials, and essential consumables. The exhibition's highlights include primary and secondary processing, surface treatment, furniture fittings, hardware, locks, and accessories.

VietnamWood is organised by Vinexad National Trade Fair & Advertising JSC, together with Yorkers Trade & Marketing Service Co., Ltd., and is co-hosted by the HAWA.

Woodworking firms up investment in technology, machinery Nguyen Phuong, sales director of Minh Thanh Co., Ltd, said his company plans to invest more than VND50 billion (US$2.15 million) in a production chain for bedroom and living room furniture.

Production revamp wanted in woodwork Vietnam is becoming a destination for many woodworking machinery manufacturers seeking to cement partnerships with local partners.

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.