More than 100 Vietnamese and foreign firms are showcasing advanced wood processing technologies, machinery and raw materials at the 2022 Vietnam BIFA Wood exhibition which opened in southern Binh Duong province on August 8.
Organised by the Binh Duong Furniture Association (BIFA), the four-day trade show is expected to attract 6,000 visitors.
Attending are machinery manufacturers from Italy, Germany, Denmark, the Republic of Korea, Japan and China, and timber suppliers from the US, Canada, Europe, Australia, and New Zealand.
With its plentiful labour and entrepreneurs and excellent connectivity with key timber areas in the southeastern and Central Highlands regions, Binh Duong has a favourable business environment.
The province, which has attracted many wood processing enterprises, has an annual economic growth rate of 12.6%.
Its wood industry’s exports were worth over 6 billion USD, 43% of the country’s total.