Wood exports to hit 12.5 billion USD in 2020 Business

Wood exports to hit 12.5 billion USD in 2020

Wood export turnover this year is expected to reach a record high of nearly 12.5 billion USD despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.
Wood industry regains growth momentum Business

Wood industry regains growth momentum

Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
Eight-month wood export turnover up 10.3 percent Business

Eight-month wood export turnover up 10.3 percent

Vietnam earned 7.83 billion USD from exporting forestry products in the first eight months of 2020, up 10.3 percent year-on-year and accounting for 29.9 percent of the agricultural sector's total export turnover.
Wood processing firms survive amid COVID-19 Business

Wood processing firms survive amid COVID-19

Many wood processing firms have managed to operate despite the COVID-19 pandemic and many have even chalked out measures to take advantage of the opportunities on offer when the pandemic is over.
Wood industry tries to survive during COVID-19 Business

Wood industry tries to survive during COVID-19

Amid an array of difficulties caused by the COVID-19 pandemic, the wood industry is exerting every effort to maintain business and production, while implementing initiatives and defining strategic lines of products and markets.
Wood export turnover grows 16 percent in Q1 Business

Wood export turnover grows 16 percent in Q1

Vietnam's export value of wood and wooden products reached 2.7 billion USD in the first quarter of 2020, representing a year-on-year increase of over 16 percent, according to the Ministry of Agriculture and Rural Development.
Wood industry facing losses due to COVID-19 Business

Wood industry facing losses due to COVID-19

The wood industry is facing a ‘disaster’ with many businesses left without orders from now until 2021 due to the COVID-19 pandemic, said the Vietnam Timber and Forest Product Association (VTFPA).