Tags: viforest

Wood exports grow thanks to businesses’ activeness

Wood exports grow thanks to businesses’ activeness

Despite the COVID-19 pandemic’s impact, the wood industry still enjoyed US$3.2 billion in exports in the first four months of 2019, up 6% year on year, thanks to businesses’ efforts to switch to online trading and find new markets.

Who would reap benefits from surging Euro?

Who would reap benefits from surging Euro?

Over the span of 2017 and the first three weeks of 2018, the price of the euro surged, causing mild unease among import-export businesses despite Vietnamese exports to the European Union (EU) hitting $40 billion per year.

Wood exports to fall short of expectation

Wood exports to fall short of expectation

The export revenue of timber and woodwork products is projected to reach US$7.4 billion, US$200 million less than the target set for the sector this year.

Vietnam struggles to re-brand its furniture industry

Vietnam struggles to re-brand its furniture industry

VOV.VN - The household furniture industry needs to undergo significant changes in the way manufacturers market their brands if they are to survive the onslaught of foreign competition, says the Vietnam Wood and Forestry Products Association (Viforest).

Wood exports set to climb this year

Wood exports set to climb this year

Vietnam's wood industry is expected to gain a total export value of wood and wooden products of US$7.7 billion for this year, higher than US$7.1 billion in 2015.