Wood exports surge 17.1 percent in Q1 Business

Wood exports surge 17.1 percent in Q1

Vietnam’s exports of wood and wooden products in the first quarter of this year hit 1.78 billion USD, a year-on-year increase of 17.1 percent, the General Department of Vietnam Customs reported.

Malaysia targets 16 billion USD in timber exports by 2020

The Malaysian Government has targeted 53 billion RM (more than 16 billion USD) in timber exports by 2020, with the furniture sector contributing 16 billion RM in export value, according to Plantation Industries and Commodities Minister Douglas Uggah Embas.

Timber suppliers learn about legal issues

A workshop was launched in Hanoi on August 23 to help Vietnamese timber suppliers update with revisions of the Lacey Act of the US , which is currently Vietnam’s largest furniture trader.