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HO CHI MINH CITY, Vietnam -- With an estimated 25% increase in floor space, the Oct. 3-7 International Furniture and Handicrafts Fair at the International Exhibition and Convention Center here will feature nearly 300 more booths than last year's market
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Vietnam ready to grow(2009-01-31 02:08:00)
HO CHI MINH CITY, Vietnam -- Furniture manufacturers in this region continue to boost capacity in hopes of landing more business in U.S. and European markets.
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Duc Kien Co. was established five years ago and specialised in fine arts handicraft products. Since then, it has reaped great successes in developing traditional crafts in rural areas. With an average annual growth of some 20 per cent a year, Duc Kien is a typical young enterprise in the growing handicraft industry.
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From 2001 to 2005, Vietnam’s export turnover from wood products increased by over 38 percent annually. The country is one of the four largest exporters of wood products in the Southeast Asian region
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Local furniture & handicraft manufacturers have been contributing to the roaring growth in Vietnam’s economy. With a WTO agreement at its door, these manufactures have adopted various stances to stay competitive.
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