Vietnam is participating in the 20th Malaysian international furniture fair (MIFF) at Putra World Trade Centre in Kuala Lumpur from March 4-8.
The event, sponsored by United Business Media in Malaysia, has attracted more than 500 enterprises from 13 countries and territories including the US, China, the UK, the Republic of Korea (RoK), India, Spain, Singapore, Indonesia, Iran, Hong Kong, Taiwan, and Vietnam.
Covering 80,000 square meters, the fair showcases a wide range of the latest products including furniture for offices, living rooms, bedrooms, kitchens, children’s rooms, and furniture accessories.
At the Vietnam’s booth, Thien Thuong Antique Sailing Boat Company has introduced Malaysian and international visitors to its wooden handicrafts, including ancient and modern models of sailboats, canoes, airplanes, cars and motorcycles.
To date, the company’s products have been exported to markets in the US, Australia, Netherlands, the UK, France and the RoK.
Vuong Dinh Sac, director of the company, said he hopes through the event, his company will have the opportunity to expand its market to Southeast Asian countries, particularly Malaysia.
Addressing the event, Mohd Ridzal Sheriff, Deputy Secretary General of Trade under the Ministry of International Trade and Industry of Malaysia, stressed the fair aims to provide a strategic platform for worldwide furniture suppliers, customers, restaurants, hoteliers, architects and interior decorators to establish more business networks.
MIFF Chairman Tan Chin Huat expressed his hope that through the event, the Malaysian furniture industry will see an at least 5% increase in its sales this year.
In 2013, Malaysia’s furniture export earnings through contracts signed at the similar annual fair accounted for 37 % of the country’s total turnover.
Malaysia was the 8th largest exporter of furniture in the world last year just after Vietnam, with sales reaching US$4.5 billion in 2013.