VOV.VN - Vietnam has emerged as the world’s second largest exporter of wood pellets, one of the most crucial export items of the domestic wood industry, according to details given by the Vietnam Timber and Forest Products Association.

VOV.VN - Despite Vietnam enduring a brief setback in 2021 due to the highly-infectious Delta variant of the COVID-19 pandemic, its economy has begun to recover since the end of last year, with exports recording an outstanding performance, Hong Kong (China)-based news outlet HK01 reported.

VOV.VN - The complex nature of the COVID-19 pandemic impacting southern cities has led to 60% of enterprises operating in the wood sector to suspend their operations, leading to severe difficulties in fulfilling export orders for the EU and the US.

VOV.VN - The country raked in US$250.4 million from exporting timber and wooden products to the EU market during the four months of the year, thereby representing a rise of 32.6% compared to the same period from last year, according to the General Department of Vietnam Customs.

Easing the associated risks in the importation of tropical timber would help Vietnam maintain its wood exports while expanding the market, a recent workshop heard.

The Vietnam Furniture Matching Week, held by the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), kicked off in the southern city on April 14.

Despite the impacts from the COVID-19 pandemic, wood and wooden product exports still posted impressive growth due to the efforts of many businesses to apply advanced technology, develop new products, and make use of online marketing channels.

VOV.VN - China tops the list of 14 countries who made investments into the Vietnamese wood industry, with a total of 23 projects throughout 2020.

Vietnam’s wood industry secured 63 new foreign direct investment (FDI) projects worth US$372.68 million in 2020, down 36% and 49% on-year, respectively.

Business in the wood industry will have a chance to seek buyers and boost export during the Vietnam Furniture Matching Week 2021, scheduled to take place in Ho Chi Minh City from April 12 to 19.