News archive

Tag: Vietnam

Namibia: N$24 million Lost in Timber Exports

15-05-2019
Namibia, timber, forestry, export, China, Vietnam

A new report has exposed the Namibian government's failure to curb the controversial timber trade, with revelations that 10,000 blocks of wood from northern Namibia have been exported to China and Vietnam since November 2018. Agriculture and environment ministries officials compiled the report after investigating timber harvesting in the Kavango …

Vietnam ready to trade legal timber with the EU

10-05-2019
Vietnam, legal timber, EU, VPA, FLECT, VNTLAS

Starting from June 1, Vietnam can export only verified legal timber products to the European Union (EU) markets as the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLECT) will officially enter into force, reported Viet Nam News. The Delegation of the EU to Vietnam and Vietnam Ministry of Agriculture and …

Vietnam’s Forestry Exports on the rise

01-05-2019
Vietnam, forestry

The forestry industry showed a strong increase in export value in the first four months of the year, according to the Vietnam Forestry Administration. Forestry exports were estimated to have hit US$3.3 billion in the period, a year-on-year increase of 17.8 per cent, including $875 million in April alone. Key markets for Vietnamese forestry …

Vietnam's economy gains as companies flee China in trade war

09-04-2019
Vietnam

The U.S. trade war with Beijing continues to boost the Vietnamese economy as companies dodge tariffs by relocating production here from mainland China, fuelling a sharp increase in exports to America. Vietnam's real gross domestic product climbed 6.79 per cent on the year during the first three months of 2019, the government said Friday. The …

“Lightwood’ export promotion in Vietnam

04-04-2019
Vietnam, lightwood

The Ministry of Trade will seek ways to help manufacturers boost exports of processed ‘lightwood’ to Vietnam. The first step was made when a Business-to Business event was held in Ho Chi Minh City. The aim of this was to increase the interest of importers in processed Albizia falcataria and Jabon wood (collectively traded as …

Vietnam’s forestry exports are slated to hit US$6.64 billion

02-10-2018
Vietnam, forestry exports

According to Nhan Dan (People) newspaper, trade surplus of key forestry products in Vietnam hit US$4.97 billion, with wood and wood products making up US$4.64 billion alone. For the first nine months of 2018, the United States (U.S.), Europe, China, and the Republic of Korea were the leading importers of wood and wood products from Vietnam, …