Furniture fair exhibitors hoping for brisk trade
The Lao Furniture Association (LFA) expects sales from the second Vientiane Furniture Fair to be held at Lao-ITECC from April 1-9 to reach 20-30 billion kip.
Th e figure was announced by Vice President of the LFA, Mr Kongmala Phommalay, at a press conference in Vientiane last week, who said he believed this year's fair would generate more revenue than the first event.
The press conference was attended by the Secretary General of the Lao National Chamber of Commerce and Industry, Mr Phouxay Thepphavong, Lao World Public Company Board Manager, Mr Khamphone Phonekeo, and members of the Lao Furniture Association.
The official opening of the fair will take place on April 3, with the trade event aiming to put the government's order into practice regarding the protection of forests and creating value-added products made from timber, rattan and bamboo, with the use of modern technology and innovation. It is hoped the fair will enable Lao timber products to better compete in domestic and international markets, thereby creating job opportunities and assisting poverty reduction as well as strengthening the capacity of the Lao Furniture Association.
The fair will promote Lao furniture and wooden products, along with the exchange of new ideas, innovation and lessons learnt from individual furniture producers while showcasing the skills and art of local artisans.
Organisers are encouraging the public to browse and buy the products on show and have promised several entertainment activities to accompany the fair.
Products on display will include a range of wooden furniture, carvings and handicrafts. Other items for sale are tree saplings, and products made from bamboo and rattan.
Businesses participating will include furniture and timber processors, traders selling furniture-making equipment, and plant nurseries.
The association expects that more than 200 booths set up by groups from Vientiane and the provinces will display products at the event as well as to the Asean Furniture Industries Council. The association successfully organised the 1st, 2nd and 3rd Lao Wood Furniture Fairs, the first Lao Home Living Fair and the first Vientiane Furniture Fair, which served to promote Lao furniture products in the region and internationally.
The association has also actively participated in various exhibitions such as Made in Laos, Vientiane; CAEXPO in Nanning, China; the International Furniture Fair Singapore; Export Furniture Exhibition in Malaysia, and the Asean-China (Chongqing) Home and Living Expo in China.
By Times Reporters
(Latest Update March 13, 2017)