Panels & Furniture Asia Jan/Feb 2020

26 | IN PERSON Ho Chi Minh City is the latest Southeast Asian hub to attract investments from international investors, but the wind is slowly shifting to Hanoi, where skilled labour and raw materials are still abundant. Moreover, there are plans to consolidate and convert the many local wood processing businesses in the north – mostly family-run microbusinesses– into business units, said Ngo Sy Hoai, Vice Secretary General of VIFORES. By Szeto Hiu Yan