The Vietnamese booth at the World Furniture Expo (Photo: VNA)
New Delhi (VNA) - Vietnamese furniture makers are introducingtheir products at the World Furniture Expo (WOFX) which opened in Mumbai, Indiaon November 28.
The three-day expo drew the participation of morethan 400 furniture brands from many countries across the globe such as Bangladesh,China, France, Indonesia, Italy, the Philippines and Turkey.
As an India’s premier international B2B trade show dedicated to the furnitureand design industry, the event will feature several workshops and introductionof latest interior décor trends.
Speaking at the opening ceremony, Rajesh Bhagat, chairman and director of theWorldex India Exhibition & Promotion Pvt. Ltd. – the organiser of the expo,said the WOFX serves as a platform for wood enterprises to captalise on theincreasing demand in the Indian market, especially in realty sector, hotel andretail sales.
Besides, the expo also helps consumers get access to the global design trends,he added.
India, with a population of more than 1.4 billion people, is one of thepotential markets for Vietnamese furniture. During January – October, Vietnamshipped 93 million USD worth of wood furniture and wood-based products to the country, upnearly 300% year-on-year.
With a market size of some 41 billion USD, India is the fourth largestfurniture consumer in the world./.
Enterprises in the woodworking industry have begun to receive orders again to serve the furniture shopping season in the year-end months on the world market, heard a recent forum.
Lower tariffs, an easy trading environment, convenient logistic services, and a wide range of materials for manufacturing furniture make Vietnam a promising hub of furniture manufacturing, according to India-based market research company Mordor Intelligence.
Further opportunities will be unlocked for Vietnamese home and kitchen decor and its furniture industry by tapping into the strong foundation of traditional long-standing craft villages, natural material resources and manufacturing capacity.
Vietnam’s wood export is likely to hit about 14.5 billion USD this year, lower than the yearly target of 17 billion USD, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Chanh Phuong told a local press conference on September 13.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The Vietnamese booth at the World Furniture Expo (Photo: VNA) 
