VOV.VN - Vietnam raked in US$5.04 billion from exporting timber and wood products during the first six months of the year, representing an annual increase of 29.8%, according to statistics released by the General Department of Vietnam Customs.
VOV.VN - The export of timber and wood products has exceeded the US$9 billion mark for the first time during the first 11 months of the year, according statistics released by the General Department of Vietnam Customs.
Wooden furniture exporters face risks in importing timber from Africa as the unclear timber origin will violate VPA/FLEGT (Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement) that Vietnam has signed with the EU.
Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products, thus minimising illegal timber trading at border areas, heard a dialogue held in Ho Chi Minh City on October 22.
VOV.VN - The timber and forestry products processing industry set a target of earning US$9 billion from wood exports this year and increasing the value to US$25 billion by 2025.
VOV.VN - Exports of wood and timber products are estimated at US$642 million in July, bringing the total export value for the first seven months of the year to US$4.8 billion, a year-on-year rise of 11.6%, according to the Agro Processing and Market Development Authority (AgroTrade).
An APEC workshop was held in Ho Chi Minh City on August 18 with a focus on customs best practices to identify illegal timber and wood products.
Many Vietnamese furniture makers are struggling to win large orders from global retailers due to a significant shortage of wood.
Vietnam must improve the local supply of raw materials for the wood processing industry to ensure sustainable development and meet export targets.
With increased trade comes an increased need for supervision, which is what last week’s signing of a voluntary partnership agreement on forest law enforcement, governance and trade between Vietnam and the EU hopes to achieve in the fight against illegal logging.
The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach US$7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015.
Vietnamese authorities say they lost nearly 934 hectares to timber poachers this year.
VOV.VN - The furniture and forest segment of the Vietnam economy has experienced solid growth over the past few years and brighter days lie ahead, says the Vietnam Timber and Forest Product Association.
Vietnam shipped abroad nearly US$4.4 billion worth of timber and wood products in the first eight months of 2016, a decline from a year earlier, said the Vietnam Timber and Forest Product Association (VIFORES).
VOV.VN - The Indian Directorate General of Anti-Dumping and Allied Duties (DGAD) has announced its final decision on AD investigations on Plain Medium Density Fibreboard (MDF) imported from Vietnam and Indonesia.
Hundreds of police officers and forest rangers have raided large timber warehouses, including illegal ones, in the Central Highlands province of Gia Lai, Tuoi Tre newspaper has reported.
(VOV) - The 11th Vietnam International Woodworking Industry Fair (Vietnamwood 2015) is set to get underway in Saigon Exhibition and Convention Centre (SECC), Ho Chi Minh City on October 14-17.
Final negotiations to complete a Forest Law Enforcement, Governance and Trade (FLEGT) and Voluntary Partnership Agreement (VPA) between the European Union (EU) and Vietnam is expected to be completed by late 2015.
Traffic police in the central province of Nghe An have confiscated eight Laos-registered trucks allegedly laden with smuggled timber.
The Hanoi municipal administration on March 18 asked its construction department to revise a US$3.4 million landscaping project that seeks to fell more than a quarter of trees currently lining the city's streets, following fierce criticism from the public.