Woodwork businesses reach stablity in terms of orders

According to Binh Duong Furniture Association (BIFA), the production-business activities of province-based woodwork businesses in the first half of 2018 reached 85% of the year’s plan.

So far, there has been stability in the number of orders from these businesses. Most of them have signed orders till September 2018…Their main markets are now the U.S (40%), EU (20%), Japan and South Korea (10%). Their capacity of developing new markets is still very great. Especially, the province’s woodwork sector is enjoying a huge advantage in terms of supply-demand in Canadian market. This is because it is very favorable for the sector to import materials from the market.

Reported by T.My-Translated by K.T

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