new rivals emerge in wood industry battle

New rivals emerge in wood industry battle

While partially lifted social restrictions have been representing a glimmer of hope for domestic manufacturers and exporters of wood products, a heavy competitor in Mexico is emerging, meaning Vietnamese groups are being asked to up their game.
us and vietnam agree to end investigation into timber trade

US and Vietnam agree to end investigation into timber trade

The United States and Vietnam have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports.
sadolin an advanced solution for vietnams woodcare market

Sadolin: an advanced solution for Vietnam’s woodcare market

Recently, AkzoNobel, the global leader in paints and coatings, has officially entered the Vietnamese woodcare market with the launch of its woodcare brand Sadolin sponsored by Dulux. The European brand’s presence promises a new solution to a flourishing industry. On this occasion, Pamela Phua, general director of AkzoNobel Paints Vietnam shared the company's strategy and goals with the new launch.
growth prospects in rest of 2021 under the microscope

Growth prospects in rest of 2021 under the microscope

Many sectors with impressive second-quarter performance are expected to retain their growth momentum in the latter part of 2021, leveraging favourable supportive factors.
wood industry at crossroads to engineer survival strategy

Wood industry at crossroads to engineer survival strategy

The ongoing coronavirus outbreaks are now threatening to bring the timber industry to its knees, with businesses and associations hoping for preferential vaccine treatment and financial support for test kits and other pandemic-related expenses.
sadolin from akzonobel brings global expert solution to enhance beauty of wood

Sadolin from AkzoNobel brings global expert solution to enhance beauty of wood

A global leader in paints and coatings, AkzoNobel has just launched its premium woodcare brand Sadolin for the very first time in Vietnam.
oakwood residence hanoi wins best hotel interior award

Oakwood Residence Hanoi wins best hotel interior award

Oakwood Residence Hanoi was recognised as the award winner of "Hotel Interior" (Asia-Pacific) at the recently concluded International Property Awards.
balancing act required for open wood industry

Balancing act required for open wood industry

Foreign-invested wood and timber enterprises are contributing a significant chunk to the nation’s export turnover. To strengthen cooperation between these and domestic companies, the adoption of new policies seeks agreement among experts and other stakeholders.
vietnamese plywood branch wants to recheck the export of veneer products

Vietnamese Plywood Branch wants to recheck the export of veneer products

The Vietnamese Plywood Branch has just sent a document to the Ministry of Finance (MoF) and the Association of Vietnam Timber and Forest Product (VIFOREST) to ask the authorities to recheck wood-based veneer items exported to China.
risks at the fore in global wood trade

Risks at the fore in global wood trade

Many timber enterprises are facing difficulties as the General Department of Taxation is implementing a series of measures to tighten the management of VAT refunds. Meanwhile, the sector is already coping with accusations of tax evasion and anti-dumping measures in some importing markets.
collaborations required to achieve wood industry goals

Collaborations required to achieve wood industry goals

As the Ministry of Agriculture and Rural Development has set forth an ambitious target for 2021 after the poor results from last year, experts from wood and timber associations are calling for more cooperation between foreign-invested and domestic enterprises in the industry, backed by preferential policy mechanisms that enable close cooperation.
bustling wood businesses trade via online platform

Bustling wood businesses trade via online platform

The switch from offline to online models by enterprises in the handicraft and wood sector helped them reach good results, even amidst and after the COVID-19 pandemic.
wood exporters face array of obstructions

Wood exporters face array of obstructions

An oversupply of undervalued certified timber and a lack of interest from local wood processors currently stand in the way of Vietnam’s export plans to increase its foothold in Western markets. However, German assistance might help solve some of the issues that forest growers are facing.
minh long wood opens first furniture fashion showroom

Minh Long wood opens first furniture fashion showroom

In order to create a space to exchange knowledge on materials for architects, design consultancy, interior processing, as well as to offer customised experiences for consumers, Minh Long Co., Ltd. has opened Minh Long Material Gallery, featuring trendy industrial wood for furniture in Hanoi.
tiger woods crash due to unsafe driving speed up to 87 mph sheriff

Tiger Woods crash due to 'unsafe' driving speed up to 87 mph: sheriff

Tiger Woods was driving at an "unsafe" speed nearly double the 45 mph limit when he crashed in California in February, Los Angeles County's sheriff said Wednesday.