Dearth of orders signifies shift in timber industry

Dearth of orders signifies shift in timber industry

The likelihood of a dearth of orders in the coming year in the timber industry is diminishing, according to industry insiders.
Vietnam wood industry in the context of EU rules

Vietnam wood industry in the context of EU rules

The EU aims to tackle degradation and deforestation along the supply chain and import-export value chain on a global scale.
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.
Wood manufacturers on alert for unpredictable new year prospects

Wood manufacturers on alert for unpredictable new year prospects

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

Large inventories stifling wood production objectives

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

Crucial certification needed to expand wood market

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.
Order cuts put brakes on wood enterprises

Order cuts put brakes on wood enterprises

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

Wood processing industry to be major economic sector by 2030

Vietnam eyes the wood processing industry to be a major economic sector by 2030.
Truong Thanh Wood recorded a deficit after four profitable quarters

Truong Thanh Wood recorded a deficit after four profitable quarters

During the second quarter, Truong Thanh Wood Industries JSC saw a loss of $290,050 in shareholder profit of parent company, reaching $1.83 million.
20 billion USD goal set for wood export in 2025

20 billion USD goal set for wood export in 2025

Vietnam’s exports of wood and wooden products are expected to rake in 20 billion USD in 2025 and 20.4 billion USD in 2030, per a project freshly approved by Deputy Prime Minister Le Van Thanh.
Promising start to the year for wood exports

Promising start to the year for wood exports

After a trade surplus of $11.8 billion in 2021, the wood industry brought in export revenue of approximately $1.6 billion in the first month of 2022.
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.
Timber trade pressed to resolve exporting concerns

Timber trade pressed to resolve exporting concerns

Five Vietnamese wood associations have met in Hanoi to examine the risks in the timber trade in the midst of a US investigation into the sources of Vietnam’s exported wood products.
Vietnam's exports of wood and wood products (Infographics)

Vietnam's exports of wood and wood products (Infographics)

Vietnam's exports of wood and wood products
Wood exporting blocks chopped down by VPA

Wood exporting blocks chopped down by VPA

With the EU being among the largest importers of Vietnamese wood products, the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement between the two sides will help the Southeast Asian nation to both lure more European investment an
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