Wood industry strives to regain growth momentum

Wood industry strives to regain growth momentum

Faced with a slump in export orders, woodworking firms have been striving to stay afloat in various ways.
Wood sector urged to step up trade promotion

Wood sector urged to step up trade promotion

Vietnam’s wood industry is strong at manufacturing but has yet to master markets, so it’s time for businesses and associations to hold large-scale trade promotion events to attract buyers in the long term, insiders have said.
Wood exports to hit record of 18 billion USD this year

Wood exports to hit record of 18 billion USD this year

The export turnover of wood and wood products is expected to set a record high of 18 billion USD in 2023, with wood pellets and woodchips forecast to enter the one-billion USD club.
Wood industry makes most of each advantage to fulfil set targets

Wood industry makes most of each advantage to fulfil set targets

Global political and economic fluctuations in 2022 have affected import and export activities, especially those of enterprises operating in the wood manufacturing and processing industry, making them calculate each step in the year-end period to achieve the set targets.
Position Vietnamese wood and furniture brands on the global map

Position Vietnamese wood and furniture brands on the global map

VCN - Covering the domestic market, Vietnamese wood and furniture brands are still almost "unknown" in the international market since they are exported through the brands of foreign enterprises. Changing this will bring higher value to wood and furniture
Enterprises exporting laminated timber are "hibernating"

Enterprises exporting laminated timber are "hibernating"

VCN - Due to the difficult furniture export market, from the beginning of the year until now, the consumption of laminated wood has fallen into a state of stagnation and inventory. Many timber exporters have chosen to hold back, and "hibernate" through a
Laminated wood producers on the line amid falling new orders

Laminated wood producers on the line amid falling new orders

The lack of new orders has left laminated wood producers with no choice but to stand idle for months, waiting for market recovery.
Wood sector seeking ways to develop sustainably

Wood sector seeking ways to develop sustainably

Management agencies should roll out mechanisms and policies to promote the linkage between businesses and craft villages in the wood sector, heard a workshop in the southern province of Dong Nai on November 4.
Wood businesses implement digital transformation

Wood businesses implement digital transformation

VCN - Digital transformation is a trend chosen by wood enterprises to increase production efficiency. However, each business is a story of its own, it needs its own solutions, and digital transformation is a long process that businesses need to have a plan and appropriate resource allocation for each stage to achieve effective results.
The timber industry needs more warning measures on trade remedies

The timber industry needs more warning measures on trade remedies

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"s wood exports decrease as inflation increases

Vietnam"s wood exports decrease as inflation increases

Vietnam's exports of timber and wood products have decreased due to the impact of high inflation in the export market, according to the Ministry of Industry and Trade.
Exports to face difficulties in second half of year

Exports to face difficulties in second half of year

VCN - Since the beginning of the year, exports recorded positive growth, but the pandemic situation and the "Zero Covid" policy in China as well as rising input costs could affect export growth in the second half of the year.
Increasing wood exports to Canada, opportunities to expand the North American market

Increasing wood exports to Canada, opportunities to expand the North American market

VCN - The demand for importing wooden furniture and interior decoration from Canada is quite large, but the proportion of Vietnamese goods in this market is still modest. It is forecast that Vietnamese furniture and interior decoration products still have
US starts anti-dumping and anti-subsidy investigation on wooden cabinets

US starts anti-dumping and anti-subsidy investigation on wooden cabinets

The US Department of Commerce (DOC) has started an investigation into made-in-Vietnam wooden cabinets, including kitchen and bathroom cabinets, that used Chinese parts that fell under the US's tariff regime, said a source from the Ministry of Industry and Trade.
Vietnamese wood exports forecast to enjoy positive growth in first half

Vietnamese wood exports forecast to enjoy positive growth in first half

Among the top 5 agro-fishery products with an export turnover of over one US$ billion, wood exports are anticipated to grow by between 5% and 8% in the first half of 2022.
    Prev         Next    
Mobile Version