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Panels & Furniture Asia September/October 2022

Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.

Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.

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SHOW REVIEW<br />

1<br />

2<br />

global top five recently, Vietnam’s<br />

timber industry is a powerhouse that<br />

furniture and panel manufacturers<br />

can no longer look away from.<br />

In particular, Binh Duong province is<br />

one of the fastest growing economies<br />

in the country. Nguyen Van Danh,<br />

Vice-Chairman of the Provincial<br />

People’s Committee of Binh Duong,<br />

elaborated: “In recent years, Binh<br />

Duong is considered one of the<br />

leading provinces of economic<br />

development, construction planning,<br />

and urban areas development,<br />

concentrating on industrial areas and<br />

clusters in terms of FDI attraction.<br />

3<br />

Legend<br />

1 Forest Region<br />

Småland of<br />

Sweden receiving<br />

a hearty crowd<br />

2 Eddie Liu,<br />

vice-president<br />

of Technik<br />

Associates,<br />

demonstrating<br />

the machinery’s<br />

capabilities<br />

3 Joe Chang, CEO<br />

of Kuang Yung<br />

and chairman<br />

of Taiwan<br />

Woodworking<br />

Machinery<br />

Associate,<br />

“Within the first six months of<br />

<strong>2022</strong>, the southern province of<br />

Binh Duong attracted domestic<br />

investment capital of 33.8 billion<br />

Vietnamese dong, and lured US$2.52<br />

billion worth of FDI. With a new<br />

development strategy of Binh Duong<br />

Innovation Zone, Binh Duong not<br />

only promotes attracting FDI, but<br />

also develops balanced economic<br />

growth and prioritises infrastructure<br />

investment.”<br />

The trade exhibition, held at WTC<br />

Binh Duong New City Expo, is also<br />

close to various woodworking<br />

factories in Binh Duong, making this<br />

easier for manufacturers to visit and<br />

test out the machineries themselves<br />

with wood panel samples they<br />

brought along. As William Pang,<br />

publisher of <strong>Panels</strong> & <strong>Furniture</strong><br />

Group of Wood Magazines and<br />

co-organiser of the exhibition, said:<br />

“The interesting thing about this<br />

show is that it’s held at the heart of<br />

the furniture cluster, where furniture<br />

factory bosses and managers can<br />

visit the show within a few minutes.”<br />

TIMELY SOLUTIONS IN DIFFICULT<br />

TIMES<br />

Against the backdrop of challenges<br />

such as supply chain disruptions,<br />

increasing costs of shipment and<br />

containers, labour shortage and<br />

COVID-19, the trade exhibition<br />

offers solutions that aim to mitigate<br />

these circumstances and optimise<br />

<strong>Panels</strong> & <strong>Furniture</strong> <strong>Asia</strong> | <strong>September</strong> / <strong>October</strong> <strong>2022</strong> 63

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