Vietnamese wood brands According to Huynh Van Hanh, Vice President of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), Ho Chi Minh City is the cradle of the Vietnamese wood processing sector. He said that in the early 1990s, Vietnam exported wood products under brand names of Chinese Taipei and Singaporean companies. Since then, domestic wood companies have studied the market economy, as well as its requirements in terms of product quality and origin of materials. Vietnamese wood products are now exported to Japan, the US and the EU under Vietnamese brands. However, when they exported to the EU and the US, domestic wood companies faced foreign investigations on the origin of the timber used to make their products. Huynh Van Hanh said HAWA advised its member companies to buy timber from countries to which their products would be exported. Wood products export has contributed significantly to Vietnam’s gross domestic product (GDP). The export value of wood … [Read more...] about Vietnam wants to furnish the world
World markets furniture
Vietnam expected to become second largest furniture exporter
In addition, the European Union-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), are to come into effect next year, offering them ample opportunities. The free trade agreements are expected to improve competitiveness for local interior furniture companies, helping them to penetrate potential markets throughout the world, said Ha Cong Tuan, Deputy Minister of Agriculture and Rural Development, at a seminar on opportunities from EVFTA and CPTPP and the establishment of the world furniture center in Vietnam held by the Handicraft and Wood Industry Association of HCMC (Hawa) in HCMC on December 7. Tuan said the competitiveness of Vietnam’s furniture companies has increased, as many of them have invested in advanced and automated facilities, alongside improved designs, brands and administration management. Local furniture products can meet the demands of the world market, he said. Speaking at the seminar, … [Read more...] about Vietnam expected to become second largest furniture exporter
Vietnam aims to become furniture hub
Deputy Minister of Industry and Trade Tran Quoc Khanh speaks at a conference held by the Handicrafts and Wood Industry Association of HCM City on December 7 (Photo: VNA) HCM City (VNS/VNA) - Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Vietnam to become a global furniture hub, a conference heard in Ho Chi Minh City on December 7. Huynh Van Hanh, deputy chairman of the Handicrafts and Wood Industry Association of HCM City (Hawa), said Vietnam was among the world’s largest furniture exporters, trailing only China, Germany, Italy, and Poland. He quoted Prime Minister Nguyen Xuan Phuc as saying at a recent conference that Vietnam must become one of the world’s quality furniture production hubs and the industry must pay more attention to environmental protection and use timber from legal sources. “Our business community has said no to illegal timber and we strictly use legal timber for our furniture production. … [Read more...] about Vietnam aims to become furniture hub
Viet Nam aims to become furniture hub
Viet Nam News HCM CITY — Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Việt Nam to become a global furniture hub, a conference heard in HCM City yesterday. Huỳnh Văn Hạnh, deputy chairman of the Handicrafts and Wood Industry Association of HCM City (Hawa), said Việt Nam was among the world’s largest furniture exporters, trailing only China, Germany, Italy, and Poland. He quoted Prime Minister Nguyễn Xuân Phúc as saying at a recent conference that Việt Nam must become one of the world’s quality furniture production hubs and the industry must pay more attention to environmental protection and use timber from legal sources. “Our business community has said no to illegal timber and we strictly use legal timber for our furniture production. “To achieve the target, we must build brands for Vietnamese furniture so that when people talk about Việt … [Read more...] about Viet Nam aims to become furniture hub
Wooden furniture manufacturers conquer luxury segment
VietNamNet Bridge - After reaching $8 billion worth of export turnover, Vietnam’s wooden furniture manufacturing enterprises are now entering the high-end market segment. Vietnamese enterprises are now entering the high-end market segment Seventy workers from the AA Corporation were sent in October 2017 to do the interior work for Park Hyatt at Kitts and Nevis, a leading 5-star hotel in the Caribbean region. All the wooden items were made by Vietnamese enterprises. The revenue is over $16 million, equal to annual export turnover of an enterprise with 700 workers. Besides Park Hyatt at Kitts and Nevis, the luxury interior works of the 6-star hotel Rosewood Phnom Penh Hotel in Cambodia were also made by a Vietnamese enterprise. “All over the world, from the US, Japan to Dubai, Singapore, Myanmar and Laos, there are works with premier quality bearing the Vietnamese stamp,” said Nguyen Quoc Khanh, chair of the Fine Arts & Woodwork Processing … [Read more...] about Wooden furniture manufacturers conquer luxury segment