Update news Hawa

Supply chain interrupted, VN woodwork processors go online

E-commerce is one of the best solutions for woodwork enterprises to cope with the Covid-19 epidemic, which has led to a sharp fall in demand.

How are Vietnamese businesses managing during the Covid-19 crisis?

While tourism, transportation and F&B sectors are suffering heavily from Covid-19, the impact on other business fields has been less severe.

Vietnam’s wood industry struggle to prevent trade fraud

According to a market research by Forest Trend, in the first five months of this year, the number of new FDI projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.

High-end wooden furniture segment promises great opportunities

Stable economic growth and the strong rise of the middle class in the country are helping to attract many world-famous brands.

Vietnam-made wooden furniture products now favored by locals

Many Vietnam-made products, after being exported to other countries, have been re-imported to Vietnam and sold at prices much higher than the initial prices.

Getting wealthier, Vietnamese favor trendy, sophisticated furnishings

VietNamNet Bridge - The Vietnamese furniture market is a promising industry, estimated to have value of over $4 billion, according to the Handicraft and Wood Industry Association of HCM City (Hawa). 

Wooden furniture manufacturers struggle to keep home market

VietNamNet Bridge - With stable growth rate of 8 percent per year in the last few years, the domestic wooden furniture market is a magnet for foreign brands.

Vietnam wooden furniture products now target high-end market

VietNamNet Bridge - 2017 is the first year Vietnam gained a 2-digit growth rate in wooden furniture exports thanks to heavy investment in technology and design.

Experts see high risk in Chinese investment in wooden furniture

VietNamNet Bridge - The massive Chinese investment in Vietnam’s wooden furniture manufacturing may put Vietnam at a high risk of anti-dumping lawsuits.

Domestic sector loses forestry market to foreigners

The domestic sector has lost the local and export forestry markets to the foreign sector, Huynh Van Hanh, general director of the Handicraft and Wood Industry Association of Ho Chi Minh City has said.

Designer Nghia wins home decor contest with images from past era

 VietNamNet Bridge – Truong Quy Nghia of Lavanto Home Decor won the first and third prize of The Gift and Home Accessories Design Competition or the 2015 Lotus Award with his artwork Sai Gon Trong Toi and Mot Thoang Sai Gon.

Wood firms still unaware of EU import requirement

 VietNamNet Bridge – From March 3, wood makers will have to explain the origins of their products in order to export to the European Union (EU) market, but many enterprises are still not aware of this requirement.