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).
Wood processing industry targets 20 billion USD in export by 2025 Business

Wood processing industry targets 20 billion USD in export by 2025

With the current good growth, the wood processing industry will achieve its export goal of 20 billion USD by 2025, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong at a working session with the Vietnam Timber and Forest Product Association (VIFORES) in Hanoi on January 9.
EVFTA to sustainably boost Vietnam’s wood exports to EU Business

EVFTA to sustainably boost Vietnam’s wood exports to EU

Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products. It is expected to give Vietnamese wood exporters better market access and more opportunities to expand their business.
US – important market of Vietnam’s wood processing industry Business

US – important market of Vietnam’s wood processing industry

The United States (US) is a leading important market of the Vietnamese wood processing industry, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan affirmed at the Southeast Asia Convention held by the American Hardwood Export Council (AHEC) in Hanoi on June 25.
Orders for wood product exports soar Business

Orders for wood product exports soar

Orders for furniture exports have risen strongly so far this year as demand has risen, according to Huynh Quang Thanh, Chairman and CEO of Binh Duong-based Hiep Long Fine Furniture Company.