VOV.VN - The wood industry of Vietnam is likely to rake in US$16 billion from exports this year, far exceeding the initial target of US$14.2 billion set by the Ministry of Agriculture and Rural Development.

VOV.VN - The opening nine months of the year witnessed timber and wood product exports reach US$12.15 billion, up 17.2% year on year, thereby making the products among the country’s top export items.

Vietnam's wood industry has showed signs of recovery in the first months of 2024, and this positive trend continues, bolstered by an increase in orders from traditional markets and progress towards achieving export targets set for the year.

Vietnam's wood industry has opportunities to engage in the carbon market as the whole world is pushing ahead for a greener economy, heard a recent dialogue in Ho Chi Minh City.

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 export turnover of wood and wood products to the Japanese market in February is estimated to reach US$110 million, a drop of 32.5% compared to January and down 22.7% compared to February, 2023, according to figures released by the General Department of Customs.

VOV.VN - More than 100 businesses from six countries and territories are showcasing their products at an international outdoor lifestyle fair (Q-Fair) that opened in the south-central city of Quy Nhon, Binh Dinh province, on March 9.

VOV.VN - Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders.

Faced with a slump in export orders, woodworking firms have been striving to stay afloat in various ways.

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.