timber industry

VCN - Mr. Ngo Sy Hoai, Vice President and Secretary General of the Vietnam Timber and Forest Products Association, said that the wood industry wants State management agencies to promote warning measures and recommendations, and at the same time support training, increase awareness and skills to respond to trade remedies in order to prevent and respond more effectively to trade remedies lawsuits.

Vietnam should develop a generation of young entrepreneurs in the timber industry, and consider it a sector for startups, said President of the Handicraft and Wood Industry Association (HAWA) of HCM City Nguyen Quoc Khanh. ​

VCN- Mr. Ngo Sy Hoai, Vice President and General Secretary of the Vietnam Timber and Forest Products Association,said that the US Department of Commerce (DOC) issued a final decision to investigate the plywood industry in Vietnam on June 9.

The novel coronavirus (COVID-19) has served to have a negative impact on Vietnam’s timber industry with the industry poised to record export growth equal to 0% this year, according to insiders.

VCN - ​From the beginning of the year until now, the total number of projects as well as the amount of foreign direct investment (FDI) in the timber industry has increased rapidly.