Third Lao furniture fair opens
The 3rd Lao Wood Furniture Fair 2017 officially launched for display and sale at Lao-ITECC in Vientiane yesterday after the exhibition was pre-opened on Saturday.
The fair will run from January 7-15, in cooperation with the Trade and Product Promotion Department and the Lao National Chamber of Commerce and Industry.
The opening was attended by Vientiane Mayor, Dr Sinlavong Khoutphaythoune, President of the Lao National Chamber of Commerce and Industry, Mr Oudet Souvannavong, and representatives from international organi sations and the private sector.
The purpose of the fair is to implement the Prime Minister's order 15/PM into practical achievements, to protect forests and create value-added wooden products, as well as rattan and bamboo goods, by using technology and innovation.
Vice President of the Lao Furniture Association (LFA), Mr Kongmala Phommalay, said it also aimed to increase the capacity of Lao wood product manufacturers to compete in local and international markets, create job opportunities for local people, reduce unemployment and rise above poverty in the future.
The fair will be able to promote Lao wood products, exchange new ideas, innovation and lessons learnt from each furniture producer to produce better quality products and services for customers as well as showing the skills of Lao people.
There are 175 exhibition booths, of which 31 booths are from 13 companies from 10 provinces while there are 144 booths from furniture makers based in Vientiane.
Trading value is expected to reach 40 billion kip and about 80 percent of total exhibits will be sold, the association predicted.
The association believes that about 350,000 people will visit the fair, of which some 200,000 people will be from Vientiane, 50,000 from the provinces and some from overseas, especially Asean countries and China.
To make the event more meaningful and impressive for visitors, the LFA will organise activities such as a wood carving demonstration, children's fashion show, and a concert featuring popular singers from Thailand and Laos.
This year's fair will be meaningful for the growth of the Lao furniture business, said LFA President, Mr Khamphay Somsana.
The LFA team is very proud to be able to gather the furniture products made in Laos to promote them to local and foreign visitors, he added. “We are proud to know that our furniture products are able to compete with others in the region and internationally,” Mr Khamphay said.
In addition, the exchange of new ideas, innovation and lessons learnt from each furniture producer would be able to promote better quality products and service, deliver value-added products and also attract more interest from local and international investors.
It will ultimately boost employment in Laos, which is in line with socio-economic development, Mr Khamphay said.
By Times Reporters
(Latest Update January 10, 2017)