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.
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...
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.
In 2023, the forestry sector marked a significant milestone when the processes were completed to transfer 10.3 million tonnes of carbon emission reduction to the Forest Carbon Partnership Facility (FCPF) through the World Bank (WB) at a unit price of...
Despite a significant decrease in the first eight months of the year, Việt Nam’s export of wood and wood products to the US market has seen many positive signals.
Statistics of Viet Nam Timber and Forest Products Association (Viforest) showed that wood exports were estimated at US$4.7 billion in January – May, falling by nearly 30 per cent against the same period last year.
Export orders of Vietnamese wood enterprises to the US market tended to decrease due to the country''s initiation of investigations and weak demand amid increased inflation.
Wood production and exports have hit a slump in recent months after showing strong numbers during the first half of the year, according to a report by the Ministry of Agriculture and Rural Development.
Having received an order worth US$920,000 to export kitchen products and household appliances to South Korea soon after the Lunar New Year, Đức Thành Wood Processing Joint Stock Company is optimistic about its export revenues and profits this year.
Viet Nam’s wood export turnover this year would reach the record high level of nearly US$12.5 billion despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of...
The wood processing and export industry has performed impressively despite the COVID-19 pandemic having a negative impact on the economy.Vietnam News Agency spoke with Ngô Sỹ Hoài, Vice President of Việt Nam Timber and Forest Product Association (VIFORES), on this matter.