Bright outlook for domestic timber industry Business

Bright outlook for domestic timber industry

Vietnam should develop a generation of young entrepreneurs in the timber industry, and consider it a sector for startups, said President of the Handicraft and Wood Industry Association (HAWA) of HCM City Nguyen Quoc Khanh. ​
Binh Duong tops wood export nationwide Business

Binh Duong tops wood export nationwide

Wood and wooden product exports in the southern province of Binh Duong fetched 5.6 billion USD in 2020, accounting for 47.3 percent of the nation’s total wood export value, according to the Binh Duong Furniture Association (BIFA).
Tuyen Quang advised to pay greater attention to forest economy Politics

Tuyen Quang advised to pay greater attention to forest economy

Prime Minister Nguyen Xuan Phuc has lauded Tuyen Quang’s achievements in recording highest forest coverage ratio among localities nationwide at 65 percent, suggesting the province to consider forestry as a major economic development orientation to escape from poverty.
2020 trade surplus estimated at 7 billion USD Business

2020 trade surplus estimated at 7 billion USD

Export revenue in 2020 is estimated to reach 267 billion USD while imports are to reach 260 billion USD, resulting in a trade surplus of some 7 billion USD, according to Deputy Minister of Industry and Trade Do Thang Hai.
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 sets 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).
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).
Handicraft, wood industry sets bar high Business

Handicraft, wood industry sets bar high

The Handicraft and Wood Industry Association (HAWA) of Ho Chi Minh City said it plans several measures to add value to Vietnam’s handicrafts and wood products, help its members further penetrate the global supply chain and enable Vietnam to become a leading producer and exporter of quality, branded and reputed furniture and forestry products.
Virtual exhibitions a new direction for wood industry during COVID-19 Videos

Virtual exhibitions a new direction for wood industry during COVID-19

COVID-19 has limited all exhibitions and international trade shows and made export activities that much harder. The idea of using virtual exhibitions on 2D and 3D platforms, however, has already proven to be a lifesaver for many businesses, especially those in the wood industry.