Monday, December 11, 2017 - 14:42:32

domestic wood

Domestic demand for wooden floors rises

Business

Domestic demand for wooden floors rises

Wooden floors, typically used in villas or high-end housing, are becoming more popular in residential and commercial housing in Vietnam.

Market analysts attributed the increased demand to higher incomes and a rising standard of living among the Vietnamese, who want to beautify their homes and enhance their value.

Wood businesses face challenges at home market

Business

Wood businesses face challenges at home market

Vietnam is the sixth largest wood and wooden product exporter in the world and the second largest in Asia, yet the domestic wood processing sector is injured by low- priced, skillfully crafted imports, said radio The Voice of Vietnam (VOV) on July 20.

No bad effects from EU-Vietnam forest law deal: official

Environment

No bad effects from EU-Vietnam forest law deal: official

The Forest Law Enforcement, Governance and Trade/Voluntary Partnerships Agreement (FLEGT/VPA) now under negotiation between Vietnam and the EU will not affect Vietnamese wood exporters and forest owners, according to an official from the Vietnam Administration of Forestry (VAF).

Wood exporters enhance growth outlook

Business

Wood exporters enhance growth outlook

Earnings from wood exports are estimated to exceed 3.77 USD billion for the first nine months of this year, up 12 percent on 2012 figures, according to the Ministry of Agriculture and Rural Development (MARD).

Wood export of 4.3 bln USD in sight, expert says

Business

Wood export of 4.3 bln USD in sight, expert says

The wood industry is showing signs of branching out after the chairman of the Vietnam Timber and Forestry Product Association said wood export would reach 4.3 billion USD for this year, up 400 million USD on 2011.

Industry insiders also forecast that export would increase towards the end of the year thanks to rising demand in the world market.