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Hanoi (VNA) – The Ho Chi Minh Metropolis Handicraft and Woodworking Affiliation (HAWA) plans to organise a session to present consultations to home companies on exporting furnishings and inside adorning merchandise to Canada, a promising marketplace for Vietnam, on June 7.
Based on specialists, the excessive demand and optimistic impacts from the Complete and Progressive Settlement for Trans-Pacific Partnership (CPTPP) are elements making Canada a market with nice potential for Vietnamese furnishings and inside adorning merchandise.
Based on marketinsightsreports.com, Canada’s residence furnishings market is forecasted to develop 6 % every year within the 2021 – 2025 interval.
Statistics confirmed that in 2021, Vietnam’s export of picket furnishings to Canada reached 416.4 million USD, up 27.4 % 12 months on 12 months and accounting for 16.7 % of Canada’s whole spending on the product within the 12 months.
At the moment, Vietnamese merchandise have been obtainable in main grocery store chains in Canada resembling COSTCO, IKEA and LEON’S. Notably, conquering the Canadian market may also open up probabilities for Vietnam to extend exports to different Northern American markets.
On the session session, Vietnamese Commerce Councilor and head of Vietnamese Commerce Workplace in Canada Tran Thu Quynh will temporary contributors on the present market scenario and challenges within the Canadian market, in addition to the assist that the workplace can given to Vietnamese exporters.
In the meantime, Pham The Huy, First Secretary on the Vietnamese Commerce Workplace in Canada will spotlight some rules, requirements and situations for exporting picket furnishings and residential decorates to Canada.
Representatives from some main Canadian importers will share their expertise with Vietnamese exporters.
Inside the framework of the session, personal consultations will probably be offered to Vietnamese companies./.
VNA
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