wood

Strengthening Vietnam's wood industry

December 26, 2022 | 11:49

Vietnam is working to establish a legal supply chain to become a global leader in the processing and export of wood.

Wood manufacturers on alert for unpredictable new year prospects

November 25, 2022 | 11:00

While the United States is nearing a stance on imported wood that will affect Vietnam, domestic producers are being urged to modernise to survive.

Large inventories stifling wood production objectives

November 17, 2022 | 17:00

High inflation has almost paralysed the output of several wood processing sectors in Vietnam at this time, with consumers cutting their use of wood and related products in major import markets worldwide.

Crucial certification needed to expand wood market

November 17, 2022 | 15:00

The demand for FSC-certified wood is increasing, particularly from markets like the United States and Europe, forcing local wood processors to source more certified wood. However, this comes with a hefty price tag that increases the pressure on forest growers.

Vietnam’s wood exporters under FSC standard pressure

October 27, 2022 | 12:00

Weak export market demand and stable freight rates rendered some wood materials imported into Vietnam cheaper. However, FSC-certified logs imported from the EU market become more expensive for Vietnamese manufacturers, forcing them to look at home-grown, certified solutions.

High inflation dragging down Vietnamese wood exports

October 27, 2022 | 10:34

Associations and businesses have acknowledged that the wood processing industry is struggling as exports to the United States decline.

US Department of Commerce to examine Vietnamese wood exporters

October 17, 2022 | 18:31

The US Department of Commerce will head to Vietnam to inspect a number of wood exporters, spending up to 10 days in the country..

Order cuts put brakes on wood enterprises

September 01, 2022 | 21:00

Profits of many industrial sector companies are slowing down, preventing recovery of the economy, and wood and timber groups are feeling the pinch perhaps more so than others.

Wood processing industry to be major economic sector by 2030

August 28, 2022 | 12:34

Vietnam eyes the wood processing industry to be a major economic sector by 2030.

Vietnam plans out domestic wood pivot

June 21, 2022 | 09:00

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

October 29, 2021 | 12:21

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

October 10, 2021 | 20:12

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

October 02, 2021 | 13:45

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

August 19, 2021 | 11:53

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