The survey of furniture manufacturers and distributors also showed that new orders were down for 71% of the participants.
Furniture and wood products reported the biggest and second-biggest contractions, respectively.
Furniture and wood products reported the biggest and second-biggest contractions, respectively.
Furniture worsened for the 11th consecutive month.
Vietnam’s wood and wood product exports declined 34.8% in January and February.
Furniture manufacturing output has fallen for the tenth month in a row.
HAWA Expo 2023 (Ho Chi Minh Export Furniture Fair) is set for Feb. 22-25 and will feature the cooperation of five wood processing industry associations across Vietnam.
The U.S. manufacturing sector shrank again in January, with virtually all manufacturing industries seeing a decline.
Registration is open to U.S. and international home furnishings buyers, including retailers and interior designers, as well as to exhibitors, industry professionals, press and students.
After 13 editions, VIFA-EXPO became the most important and prestigious trade event in Vietnam and ASEAN region for exporting wood and furniture.
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