The 15th Vietnam International Woodworking Industry Fair attracts 320 exhibitors from 28 countries and territories. (Photo: VNA) HCM City (VNA) - The 15th Vietnam International Woodworking Industry Fair opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on September 20. It has attracted 320 exhibitors from 28 countries and territories who are showcasing their latest woodworking product lines and engaging in various curated events and activities. Exhibitors showcase comprehensive automatic production lines and wood system integration with the focus on digital transformation. It has eight foreign pavilions from Austria, Canada, France, Germany, Italy, Russia, the US and Taiwan. Speaking at the opening ceremony, Vice Chairman of the HCM City Handicrafts and Wood Industry Association Phung Quoc Man said Vietnam is the world’s fifth largest exporter of wooden products and has substantial demand for woodworking machinery and components. Imports of … [Read more...] about VietnamWood Fair kicks off in HCM City
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Just energy transition requires higher laborers’ skills: Experts
Dr. Guido Hildner, German Ambassador said that in his country, the number of employees working in occupations requiring green skills increased 56.7% to 5 million between 2012 and 2020. This shows that the energy transition is a complex and demanding process, but also provides great opportunities to the people and the economies. Noting that Vietnam has set a target of net-zero emission by 2050, the diplomat said that Germany has supported Vietnam in employment transition by training Vietnamese workers in the fields of electricity, electronics and roof-top solar power installation. Each year, tens of thousands of students are trained in 11 vocational training facilities, 79% of whom have been employed. With high labor demand, Vietnam will need long-term decisions from the State, along with the promotion of creativity and innovation in the public and private sectors, and the mobilization of public and private investment, especially in modernizing the power grid as well as increasing … [Read more...] about Just energy transition requires higher laborers’ skills: Experts
Vietnam’s wood exports surpass $1.1bn, signaling recovery
Vietnam exported wood and woodworking products worth over US$1.1 billion in August, showing positive signs of recovery after dropping steadily earlier, according to the General Department of Vietnam Customs. This marks a 10-percent rise from the July figure, which stood at more than $1 billion. Speaking at the opening ceremony of the 15th Vietnam International Woodworking Industry Fair held in Ho Chi Minh City on Wednesday, vice chairman of the Ho Chi Minh City Handicrafts and Wood Industry Association Phung Quoc Man attributed the increase to several positive trends observed in the global wood export market. In particular, there is a gradual decline in inflation in the U.S., a better consumer need, a reduction in furniture stockpiles, and a rebound in the construction sector. Man said Vietnam is the world’s fifth largest exporter of wooden products and has substantial demand for woodworking machinery and components. Imports of such machinery have topped US$240 million a … [Read more...] about Vietnam’s wood exports surpass $1.1bn, signaling recovery
Italian wood products, new technologies introduced in HCM City
A representative from an Italian company introduces its products to visitors at VietnamWood 2023 in Ho Chi Minh City . (Photo: VNA) HCM City (VNA) – The Italian Trade Commission (ICE) in Vietnam and Italia ’s National Association of Italian Manufacturers of Footwear, Leathergoods and Tanning Technologies (ASSOMAC) opened a pavilion to introduce the latest wood products and technologies. The pavilion is part of the 15th Vietnam International Woodworking Industry Fair (VietnamWood 2023) and the Vietnam International Furniture Accessories, Hardware & Tools Exhibition (Furnitec 2023) that opened in Ho Chi Minh City on September 20 and will run until September 23. ICE Director Fabio De Cillis said that his office supports Italian enterprises in seeking Vietnamese partners who have the potential to import wood processing machines and equipment from Italy. ICE also strives to build cooperative relationships with organisations and agencies to better connect the … [Read more...] about Italian wood products, new technologies introduced in HCM City
PM meets US Treasury Secretary, leaders of economic groups
Prime Minister Pham Minh Chinh (R) and Treasury Secretary Janet Yellen . (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with Treasury Secretary Janet Yellen in New York on September 20 (local time) to discuss cooperation between Vietnam and the US in economy and finance, and to share views on other issues of shared concern. The meeting took place as part of the Vietnamese leader’s trip to the US for the high-level week of the 78th session of the United Nations General Assembly, and bilateral activities in the country. Chinh affirmed that Vietnam considers the US a leading important partner, and stands ready to work together with the country to promote the bilateral relationship intensively, extensively, stably, and practically. Vietnam also regards cooperation in economy, finance, trade and investment as a priority of the bilateral comprehensive strategic partnership, and highly valued substantive contributions by Yellen and the US Department of the … [Read more...] about PM meets US Treasury Secretary, leaders of economic groups