VOV.VN - After experiencing a sharp fall in exports in 2023, the Vietnamese wood industry bounced back in 2024 and is currently flying high as a major hard currency earner of the economy, with export earnings projected to be at US$18 billion this year.
Strengthening linkages and cooperation between foreign-invested and domestic enterprises will contribute to promoting the sustainable development of the Vietnamese wood industry, according to insiders.
VOV.VN - The debut international outdoor style fair (Q-Fair) 2024 is scheduled to get underway from March 9 to March 12 in Quy Nhon city in the southcentral province of Binh Dinh.
Vietnam boasts great potential to bolster exports of wood pellets as global demand for the fuel pellets is increasing, according to insiders.
The Ho Chi Minh City Export Furniture Fair (HawaExpo) 2023 is scheduled to take place from February 22 to 25, opening a series of trade promotion events in the wood sector this year.
Wood pellets, made from compressed sawdust and forestry wastes, have become a key currency earner of the wood industry, having the great potential to rank in the group of export staples with turnover of over US$1 billion.
VOV.VN - Export promotion activities and production investment of local firms have been adjusted to become more flexible in order to adapt to the rapid recovery of global trade.
VOV.VN - The US remained Vietnam’s largest export market for timber and wood products during the past nine months of the year, with exports to the market enjoying a year-on-year increase of 40.6% to US$6.7 billion, according to the Ministry of Agriculture and Rural Development.
VOV.VN - The trade turnover between Vietnam and the US this year is expected to reach US$100 billion, increasing more than 200 times compared to 1995, heard a forum on bilateral trade promotion on November 16.
VOV.VN - Vietnamese timber and wood exports to the United Kingdom during the past nine months surged by 25% year on year to US$201.2 million as local firms have effectively maximised incentives from the UK-Vietnam Free Trade Agreement (UKVFTA).