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.
Strategic market identification sought for stronger wood trade

Strategic market identification sought for stronger wood trade

Vietnam’s wood industry is leaving behind a successful 2020, ready to embrace the new advantages that some of last year’s signed and effective trade agreements bring with them. However, local associations recommend shifting the focus from purely manufacturing consumer goods to creating identifiable brands and innovations.
Local wood industry overshadowed by sourcing issues

Local wood industry overshadowed by sourcing issues

Vietnam’s wood industry has shown signs of recovery in the third quarter of 2020. However, legal complications may arise through illegally-sourced raw materials from foreign suppliers and a lack of uniformity.