In the first seven months of this year, the sales volume of wood and wood products reached only US$7.1 billion, down 25% from a year ago.
In particular, demand from the United States, a key export market that accounts for about 60% of Vietnam's export sales of wood products, has long been in sharp decline and shows no signs of recovery.
Tran Huay Hou, director of the Gia Nhien Company, which specializes in manufacturing model sailboats for export, said the company's number of orders from the United States has fallen to a very low level, down from just 20 to 20 percent 30% correspond for COVID. -19 explosions.
Currently, there are many forms of trade promotion, but exhibitions and fairs are still an effective channel to attract large numbers of domestic and foreign buyers, said Tran Ngoc Lim, director of the Ho Chi Minh City Chamber of Commerce branch. from Viet Nam . trade and industry. , which has practical implications for businesses. These fairs and exhibitions allow buyers to see products firsthand, visit factories to verify suppliers' capabilities, and gain confidence when signing orders.
In support of the company, the first Vietnam ASEAN international furniture and furnishings fair (VIFA ASEAN 2023) will be held in Ho Chi Minh City from August 29 to September 1.
It is expected to include 600 posts from domestic companies, as well as from the United States, Republic of Korea, China, Japan, India, Netherlands, Hong Kong-China, Malaysia, Thailand and Cambodia.
Meanwhile, from February 26th to 29th, the 15th Vietnam International Furniture and Home Accessories Expo (VIFA EXPO 2024) will be held in Vietnam's largest economic center. 600 companies with 2000 stands are expected at the fair. /.
