wood chip groups spreading activities to fresh pastures

Wood chip groups spreading activities to fresh pastures

Vietnam’s wood chip industry could soon sail through some of its challenges by tapping into China’s recovering demand and utilising Indonesia as a new market.
businesses craving tax refund

Businesses craving tax refund

Many businesses are in the tenterhooks waiting for a radical solution to their tax refund problem.
vifa asean 2023 a must visit trade show for furniture

VIFA ASEAN 2023 - A must visit trade show for furniture

The 2023 VIFA ASEAN trade show will attract nearly 200 prestigious wood and furniture exhibitors and will feature more than 600 booths from 12 Vietnamese provinces and 10 other foreign markets from August 29 to September 1.
wood exporters pleading for vat refund resolution

Wood exporters pleading for VAT refund resolution

Central-run authorities have given drastic directions to speed up VAT refunds for numerous businesses, especially struggling wood exporters.
manchester united in final stages of greenwood probe

Manchester United in 'final stages' of Greenwood probe

Manchester United said Wednesday they are working "through the final stages" of an internal investigation before deciding whether Mason Greenwood will return to playing for the club.
new wave in vietnams wood processing industry

New wave in Vietnam's wood processing industry

With its internal strength, Vietnam's wood processing industry is likely to achieve its export target of $17 billion this year in light of the recent recovery of new orders.
vietnamese furniture is re entering the international marketplace

Vietnamese furniture is re-entering the international marketplace

In July, a significant number of Vietnamese processors saw their orders return, indicating that the global wooden furniture market is exhibiting signs of recovery.
new solutions needed for wood and timber industry

New solutions needed for wood and timber industry

The demand for Vietnam's wood and timber products from key markets such as the United States, China, the EU, South Korea, and Japan fell in the first half of the year, with the number of orders down by as much as 30 per cent in some months compared to the same period last year. This has resulted in job cuts and, in some cases, factory closures.
furniture export orders return but requirements higher

Furniture export orders return but requirements higher

While the demand for export markets remains low, the timber industry must increase its competitiveness to remain viable.
vat refund delays tick off woodchip makers

VAT refund delays tick off woodchip makers

A number of woodchip exporters in Vietnam are rejecting orders as they are waiting for more than $170 million in pending VAT refunds.
us continues probe of vietnamese imported hardwood cabinets

US continues probe of Vietnamese-imported hardwood cabinets

The ultimate conclusion regarding Vietnamese-imported wooden cabinet products is anticipated for August 17.
eudr imposes new regulations on timber exporters

EUDR imposes new regulations on timber exporters

Exporters will have to demonstrate that a variety of products, including wood, are not associated with deforestation in order to access the EU market after a landmark law was approved last week.
wood sector fallen on hard times

Wood sector fallen on hard times

Businesses in the wood and timber sector have their backs against the wall in the face of declining exports, falling orders, and rising interest rates.
six product groups enjoy over 1 billion usd exports to us in q1

Six product groups enjoy over 1-billion-USD exports to US in Q1

Six groups of products posted an export revenue of over 1 billion USD to the US market in the first quarter of this year, with the group of machinery, equipment, tools and spare parts topping with 3.98 billion USD, according to the General Department of Vietnam Customs.
wood industry striving to regain growth momentum

Wood industry striving to regain growth momentum

Having undergone numerous hardships, businesses in the wood industry are showing great resilience with a high level of adaption and flexibility to regain their growth momentum.