Delegates press button to kick-start BIFA Wood Vietnam 2018 (Source: VNA)Binh Duong (VNA) – An international fair on woodworking machineryand wood materials kicked off in the southern province of Binh Duong on October24.
The BIFA Wood 2018, jointly held by the Binh Duong FurnitureAssociation (BIFA) and the Panels & Furniture Group of Wood Magazines,draws the participation of over 180 enterprises from host Vietnam and manycountries and territories from across the world, which are showcasing theirproducts at 780 booths.
Seminars on automation technology in the sector and woodmaterials from the US and Europe, and entertainment activities are alsoexpected to be held during the four-day fair.
BIFA President Dien Quang Hiep said that in the context ofthe Fourth Industrial Revolution, the fair offers a good chance for the Vietnamwood processing sector to gain access to modern technology.
It also creates a venue for both domestic and foreignenterprises to meet, establish and expand long-term cooperation for thesustainable development of Vietnam’s timber sector.
Vice Chairman of the provincial People’s Committee TranThanh Liem stated Binh Duong is the centre of Vietnam’s wood industry, with itsexport turnover in 2017 accounting for more than 50 percent of the country’stotal wood export value, surpassing 4 billion USD.
Vietnam is one of the world’s leading wood processing andexporting countries with an export turnover of 8 billion USD in 2017. Thefigure is expected to hit 9 billion USD this year.
The nation sets a target of 20 billion USD in wood exportsby 2025.-VNA
VNA
