Wood processing industry to be major economic sector by 2030

Wood processing industry to be major economic sector by 2030

Vietnam eyes the wood processing industry to be a major economic sector by 2030.
Vietnam plans out domestic wood pivot

Vietnam plans out domestic wood pivot

To ease the dependence on imported wood and timber products, Vietnam aims to reduce the amount of imported material and instead strengthen the domestic supply – a goal the government aims to reach by applying a traditional carrot and stick approach.
First FSC certification for non-timber forest products in Vietnam

First FSC certification for non-timber forest products in Vietnam

The SFCG Association of Quang Tri province received the FSC certification for its acacia wood logs and non-timber forest products.
Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Vietnamese wood businesses are ramping up production to meet increasing orders from international buyers during the year-end shopping season.
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.
Growth prospects in rest of 2021 under the microscope

Growth prospects in rest of 2021 under the microscope

Many sectors with impressive Q2 performance are expected to retain their growth momentum in the latter part of 2021, leveraging favourable supportive factors.
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.
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 MoF and 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
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 COVID-19.
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

On April 9, Minh Long Co., Ltd. opened Minh Long Material Gallery, a showroom for trendy industrial wood for furniture in Hanoi.
Lack of raw materials threaten wood prices

Lack of raw materials threaten wood prices

Input material prices for Vietnamese wood exporters have risen sharply, but most of them are stuck in the mud as there seems no suitable way to increase their selling prices accordingly.
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