vietnam's wood industry

Update news vietnam's wood industry

Vietnam’s wood industry strives to match sustainable wood demands

The Vietnam’s wood industry has many opportunities for recovery in 2024, with the Forest Stewardship Council (FSC) certification seen as essential for accessing global markets.

Green production, trade will help wood industry increase export

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.

Some plywood firms likely to close due to higher anti-dumping tariff in RoK

Awaiting a final decision from the South Korea, Vietnamese enterprises have concerns over a potential higher anti-dumping duty in South Korea on plywood imports from Vietnam.

Wood industry has opportunities to increase revenue from carbon credits

Vietnam's wood industry has opportunities to engage in the carbon market as the whole world is pushing ahead for a greener economy, heard a recent dialogue in Ho Chi Minh City.

Vietnam's wood industry aims to export 15.2 billion USD in 2024

Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year, an increase from the 14.47 billion USD last year which was down 15.4% from 2022.

2024 remains challenging for Vietnam's wood sector

Along with the EU, many other markets have also set new and strict policies, causing many difficulties for wood export activities.

Wood processing industry to see slow export growth next year

The wood industry market shows some signs of recovery, however, 2024 still poses some potential difficulties for the industry.

Vietnam’s wood, wooden furniture exports to hit only 13.5 billion USD in 2023

Vietnam’s exports of wood and wooden furniture will reach only about 13.5 billion USD in 2023, down 15.5% year on year, President of the Vietnam Timber and Forest Product Association (VIFOREST) Do Xuan Lap told a seminar held in Hanoi on December 21.

Vietnam strives to have 1 million hectares of large wood with certifications

According to forestry experts, sustainable forest certification for one million hectares of large-sized timber forests is a passport for Vietnam's wood processing industry to increase export value and export into potential markets.

Woodwork exports reach $11 billion, enterprises recruit more workers

Many wooden furniture manufacturers have added more working shifts, recruited more workers, and increased imports by 5-10 percent, indicating that enterprises are gearing up to implement orders for year-end deliveries.

Vietnam’s wood export likely to hit US$14.5 billion in 2023

Vietnam’s wood export is likely to hit about $14.5 billion this year, lower than the yearly target of $17 billion, Vice Chairman of the Handicraft and Wood Industry Association of HCM City (HAWA) Nguyen Chanh Phuong said.

Vietnam’s wooden product exports recover gradually

Vietnam’s wood and wooden product exports have seen signs of gradual recovery, according to the Hanoi-based DSC Securities Joint Stock Company (DSC).

State removes difficulties to reach wood export target this year

The State will remove difficulties to achieve the export target of timber and forest products this year.

VN wooden products begin to get export orders again after lull

The volatility and unpredictability in global markets may have caused challenges for many industries, including woodworking, but offered opportunities to agile businesses, according to experts.

Forestry products bring home over 6.4 billion USD from exports in H1

Vietnam raked in an estimated 6.42 billion USD from forestry product exports in the first half of 2023, down 28.8% year on year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development.

Firms call for support as wood exports slump

Timber enterprises were calling for support in terms of market information, requirements and consumer tastes to cope with declining exports which were pushing them into many difficulties from the beginning of this year.

Lack of orders plague VN wood export businesses

Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders.

Artisan communities strive for legal wood

Many wood artisans are in need of support so that their works can get recognition in the global supply chain.

Pellets, chips to remain export growth drivers for Vietnam's wood industry in 2023

Vietnam's wood processing industry has set itself a modest export target of US$17.5 billion for this year, an increase of just 2.5 per cent over 2022, due to unfavourable conditions in the global market.

Vietnam remains in world’s Top 5 plywood exporters

Vietnam earned US$ 1.1 billion from exporting plywood in the first 11 months of 2022, securing the fifth place in the world’s top five largest plywood exporters, according to the International Trade Center (ITC).