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Capitalist Vietnam

By Cinde W. Ingram -- Casual Living, 9/1/2005

Presentations about certified wood options and U.S. furniture opportunities drew more than 40 Vietnamese furniture manufacturers to a downtown hotel in Ho Chi Minh City and an equal number three days later to a seaside resort in Qui Nhon City.

The manufacturers arrived eager to learn, at the invitation of the sponsoring People's Committee of the Ho Chi Minh City Service of Trade or Binh Dinh Trade and Tourism Service in Qui Nhon City. Coordinating the events was Exsero Group, with global commerce and consulting offices in Washington D.C. and Vietnam. Because it coincided with Vietnamese Prime Minister Phan Van Khai's visit with President George W. Bush, Vietnamese-American trade relations took center stage.

Journalists from Casual Living and Furniture/Today participated in the presentations, along with Frank Judd, representing the Rainforest Alliance. The American group toured more than two dozen outdoor furniture factories and showrooms during the weeklong visit to Ho Chi Minh City (formerly known as Saigon) and Qui Nhon, where clusters of factories are located in the rolling area between mountains and the Red Sea of China.

The Ho Chi Minh City area accounts for about 8 million of Vietnam's 80 million population, said Truong Trung Viet, vice director of the Service of Trade. About 2,500 of the 4,000 companies licensed in Vietnam are located in and around HCMC, Viet said. The area represents about one-fourth of the nation's export and import revenue.

Ninety percent of the 58 furniture manufacturers clustered in Binh Dinh province around Qui Nhon make outdoor furniture, said Nguyen Thanh Son, vice director of the Binh Dinh Trade and Tourism Service. Exports to the United States have grown nearly 150% each year since 2002, when they totaled half a million dollars. In 2004, U.S. furniture exports from Binh Dinh totaled $3.8 million, Son said. He estimated the 2005 total would reach $8 million.

Each year, Anvico ships more than 350 40-foot containers of indoor and outdoor furniture, marketed under the Anvimex brand and made here in the Phu Tai Industrial Zone of Qui Nhon City.

From left, Thomas Russell of Furniture/Today, Frank Judd of Rain-forest Alliance, Jeff Dilley of Exsero Group and Cinde W. Ingram of Casual Living pause at the Red Sea of China in Qui Nhon.

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