Update news woodwork
Despite Covid-19, the forestry obtained total export turnover of $13 billion worth of timber and wooden exports this year.
Vietnam exported $485.40 million worth of woodwork from March 1-15 and $2.07 billion from January 1 to March 15, an increase of 13.8 percent compared to the same period last year.
The novel coronavirus (COVID-19) pandemic has had negative impacts on the domestic wooden processing industry, but this is also an opportunity for timber enterprises to review their production and business methods maintain stability
The new regulation on certificate of origin (C/O) makes it more for Vietnam to obtain $11 billion in woodwork exports this year as planned.
Vietnamese wooden furniture manufacturers face a shortage of workers, modern technology and money to upgrade technology.
Amid the US-China trade war, the US is paying higher notice to Vietnamese products. As a result, enterprises have had to change business practices to adapt to new circumstances.
VietNamNet Bridge - Vietnam is a big woodwork exporter, but products are labeled as foreign made, with few local brands.
VietNamNet Bridge - Though exports have been growing well, concern still exists because wooden furniture industry is in need of materials.
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.