This marks a significant milestone for Việt Nam, providing a reliable information platform to assist businesses in complying with the European Union''s Deforestation Regulation (EUDR).
The UK – Việt Nam Free Trade Agreement is one of the key drivers boosting the growth of Viêt Nam’s timber and wood product exports to the UK, industry experts have said.
Despite encouraging growth amid a volatile global economy, the timber industry faces significant challenges from market dynamics and natural disasters in the final months of 2024.
The domestic producers allege that wood fibre board products from Thailand and China are being dumped into the Vietnamese market, causing significant harm to local manufacturers.
Bình Dương province, Việt Nam’s leading wood processing hub, exported over US$4.2 billion in wood products in the first eight months of 2024, with a surge in orders promising increased production and exports.
Việt Nam’s wood industry has recorded positive signs with significant increases in the export of key products despite ongoing global economic uncertainties, according to the Q3 meeting on wood processing and export held in the southern province of Bình Dương...
The Handicraft and Wood Industry Association of HCM City plans several measures to elevate the local industry, including increasing its self-sufficiency in the supply chain.
Việt Nam''s wood and wood product exports are expected to boom in the second half of this year amid positive signs from the global economy, according to industry insiders.
The Agency of Foreign Trade estimates that Việt Nam''s export value of wood and wood products reached US$1.25 billion in June this year, down 1.1 per cent month-on-month, but up 13.6 per cent year-on-year.
The export value of timber and wood products in Việt Nam is estimated to reach over US$6 billion in the first five months of this year, an increase of 18 per cent over the same period last year, according to...
Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.
Leading distributors and retailers in Latin America will attend Vietnam International Sourcing in HCM City in June to look for large volumes of a diverse range of products, according to the Ministry of Industry and Trade.