170 businesses attend timber fair
(VOV) - Around 170 domestic and foreign timber businesses will showcase their products at a fair in Binh Dinh province from June 28 to July 3.
On display at the Timber and Forest Product Fair, the second of its kind, are household and office furniture, forest and fine art stone products.
The third congress of the Vietnam Timber and Forest Product Association will be held during the fair, along with a seminar on Vietnam’s wood processing industry.
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Vietnam currently ranks first in Southeast Asia, second in Asia and sixth in the world in terms of timber exports. Its major importers are the US, EU and Japan.
Timber exports have increased sharply since 2006 and reached US$4.67 billion in 2012. They are expected to bring in US$5.5 billion this year.
Wood processing and manufacturing businesses in Binh Dinh province resumed production after difficult times. They expect to earn US$267 million from exports this year.
The first fair was held in Binh Dinh in 2011, seeing a number of contracts signed worth more than US$5 million in total.