The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Việt Nam.
Việt Nam and India are seeking to strengthen cooperation in the furniture and wood industry, as both countries look to leverage their respective advantages to boost bilateral trade.
The Trade Remedies Authority of Việt Nam urged businesses to continue monitoring the export and import of plywood products to prevent illegal transhipment and the misrepresentation of Vietnamese origin.
The wood industry needs to focus on developing design, branding and distribution to achieve the goal of US$20 billion in export value by 2025, according to experts.
Furniture exporters should become more aware of import
market regulations and standards in various countries, delegates said at
a seminar held in HCM City yesterday.