Vietnam firms participate in int’l furniture fair in Singapore
Vietnamese wooden furniture and handicraft companies are showcasing their products at the International Furniture Fair Singapore 2018 (IFFS-2018), which opened in the island country on March 8.
Hanoi (VNA) – Vietnamese wooden furniture and handicraft companies are showcasingtheir products at the International Furniture Fair Singapore 2018 (IFFS-2018), whichopened in the island country on March 8.
VietnameseTrade Counsellor in Singapore Tran Thu Quynh said the Ministry of Industry andTrade has recently worked with concerned bodies, particularly the provincialDepartments of Industry and Trade, to promote Vietnamese products ininternational markets.
Theevent presents an opportunity for Vietnamese furniture firms to seek new waysfor their products in the context that the interior industry is focusing onenvironmentally-friendly products.
LeThi Thuan, Director of the Qua Thuan Handicraft Manufacturing and TradingCompany, said this is the third time her company has attended the event.
Itis a good opportunity for her enterprise in particular and other Vietnamesefurniture producers to promote their products as well as seeking potential internationaland regional partners, she said.
The HanoiDepartment of Industry and Trade took the occasion to introduce its Hanoi GiftShow 2018, slated for October.
TheIFFS-2018, running until March 11, saw the participation of over 400 companiesfrom nations and territories worldwide.
Accordingto Singaporean Minister of Trade and Industry S. Iswaran, the global tradevalue of the wooden products and furniture sector is expected to reach 779billion USD by 2021.-VNA
The Central Highlands province of Gia Lai, home to 34 ethnic minority groups, has implemented effectively numerous policies on socio-economic and cultural development in areas inhabited by ethnic minority groups.
The Vietnam International Furniture and Home Accessories Fair (VIFA – EXPO 2018) will n take place in Ho Chi Minh City from March 7 to 10, said the city’s Handicraft and Wood Industry Association (HAWA) on February 28.
The country’s industrial production index (IPI) in the first two months of 2018 expanded by 15.2 percent year-on-year, much higher than the growth of 2.4 percent recorded in the same period last year, reported the General Statistics Office (GSO).
The Vietnam International Furniture and Home Accessories Fair (VIFA-EXPO) returned to Ho Chi Minh City on its 11th edition, bringing together 350 domestic and foreign exhibitors.
Wood processing and export businesses of Vietnam hold many opportunities to expand market and increase export value in the time ahead, experts said at a workshop in Ho Chi Minh City on March 7.
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.
Vietnamese furniture (Source: VNA) 
