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34    FOCUS                                                                       MAY/JUN 2026 FDM ASIA | www.fdmasia.com






          machinery, accessories and raw materials.          advantages and the benefits of the RCEP policy to quickly
            According to 2025 data, Vietnam, with its strongest   capture market share.
          manufacturing  capacity,  the  most  vigorous demand  for   In the medium term it was suggested enterprises could
          equipment and materials and the most closely coordinated   establish a regional value chain of “Chinese R&D + Southeast
          China-Vietnam supply chain has become the foundation of   Asian production + global sales”, promoting product localisation
          Chinese machinery and accessory suppliers.         and service localisation to reduce trade risks.

            In addition, Malaysia, Indonesia and Thailand constitute   In the long term, they should rely on the growth potential
          a diversified matrix for Chinese enterprises to go global in   of the Southeast Asian market to achieve an upgrade from
          Southeast Asia.                                    product export to brand, seizing the initiative in the reshaping
            Overall, Vietnam is the top priority market for Chinese   of the global furniture industry landscape and promoting the
          woodworking machinery and accessory enterprises to expand   expansion of China's woodworking machinery and furniture
          their business.                                    industries.


          The main reason for this is:                       Review of anti-dumping and anti-subsidy on Chinese
          Vietnam, as a rising star in global furniture exports, has seen   forest products

          a simultaneous surge in capacity expansion and equipment   According to an announcement from the US Department of
          renewal. It has the highest reliance on China's woodworking   Commerce, an annual administrative review of the existing
          machinery, wood panels and accessories and Vietnam imports   anti-dumping and anti-subsidy tax measures for major imported
          and growth rate rank first in Southeast Asia.      wood products was initiated in March 2026 and the final
            The Vietnamese furniture industry focuses mainly on low-end   results are expected to be released by January 31, 2027.
          export assembly work, and this is highly compatible with the   This re-examination covers the period from 1 January 2025
          mid-range equipment and general materials available in China.   to 31 December 2025 and involves some Chinese hardwood

            The cost for Chinese machinery exporters to adapt   plywood products and wooden bedroom furniture.
          equipment for Vietnam is low and the two-way timber trade   Regarding the re-examination of Chinese wooden bedroom
          between China and Vietnam has further strengthened the   furniture, the Ministry of Commerce in China has clearly
          synergy of the industrial chain.                   stated that the submission of quantity and value responses,
            Vietnam has a high dependence on products from China.   as well as supplementary information should be completed
          Vietnam's imports of woodworking machinery and accessories   within 21 days after the notice is issued while the submission
          from China reached US$420 million in 2025, an increase of   of individual tax rate certificates or applications should be
          18 percent on 2024.                                completed within 14 days after the notice is issued.
            China became Vietnam's largest supplier of woodworking   The US has initiated the annual review of the anti-dumping

          machinery in Southeast Asia. Among these, the import growth   and anti-subsidy measures for wood imports which will have
          rates of high-end products such as automated panel saws,   a direct impact on the relevant exporting enterprises in China.
          edge banding machines and CNC equipment exceeded 25   Companies failing to prove independence from state control
          percent.                                           are being hit with adverse facts available (AFA) rates. These
            Analysts suggest in the short term, Chinese enterprises   measures are intended to support U.S. domestic producers
          should seize the opportunity for equipment renewal by Southeast   against alleged unfair competition.  FDM
          Asian furniture manufacturers, leveraging their cost-competitive                      ENQUIRY NO. 3101
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