the country are displaying their products at the International Furniture
and Handicrafts Fair (EXPO 2010) which opened in Ho Chi Minh City
on October 6.
The event, jointly held by HCM
City’s Department of Industry and Trade and the Trade Promotion
Department under the Ministry of Industry and Trade, is to boost exports
of domestic wooden and handicraft products.
With
700 stands, the five-day fair will bring domestic woodwork and
handicraft businesses together, especially small and medium-sized
enterprises, who have little opportunity to take part in overseas
exhibitions, with their international partners.
As
part of the event, an online expo will be set up to help businesses
promote their trademarks by posting their information and products,
saving transaction times and costs.
So far, over
800 companies have registered 7,000 products on the online expo, an
increase of 21 percent in the number of businesses and 40 percent in
products compared with 2009.
In addition, there will be seminars for Vietnamese businesses and importers held by Turkey and Japan .
Over the past year, the International Furniture and Handicrafts Fair
has attracted a large number of participants, helping to raise the
industry’s export turnover from 590 million USD in 2001 to 2 billion USD
in 2005 and 3 billion USD in 2009. This year’s figure is expected to
reach almost 4.5 billion USD./.
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