News archive

Tag: Vietnam

Vietnam’s wood product manfacturers need to restructure production

27-03-2020
Vietnam, wood and wood products, manufacturers, exports, imports, trade, impact, restructure, COVID-19, coronavirus

Vietnam’s wood processing enterprises will need to continue reorganising their production and business activities to manage challenges during the novel coronavirus (COVID-19) pandemic, said the Ministry of Agriculture and Rural Development (MARD). According to Vietnam News, the restructuring would help enterprises transit to production and …

Vietnam’s wood industry turns to online channels to sell products

09-03-2020
Vietnam, wood industry, online, sales, marketing, O2O, offline, furniture

Domestic wood processing enterprises are urged to use more online commercial channels to find new markets and customers, especially during the COVID-19 epidemic, reported Vietnam News. Tran Viet Tien, a leader of the Handicraft and Wood Industry Association of HCM City (HAWA), said: “With lots of new designs and models for their products, …

Vietnamese wood firms urged to seek alternative materials suppliers in the face of coronavirus

02-03-2020
supply chain, alternative, Vietnamese enterprises, coronavirus, Covid-19, impact, slowdown, China, trade, wood products

Local wood processing enterprises need to widen supply chains with a focus on seeking suppliers from domestic and overseas markets to ease disruptions from China due to the coronavirus (COVID-19) outbreak, experts said. According to Vietnam News, Do Xuan Lap, chairman of the Vietnam Timber and Forest Product Association (VTFPA) said that this …

Vietnams's FSC national certification standard announced

14-02-2020
Vietnam, FSC, national standard, national certification, forest management, sustainable, responsible wood processing, trade

The FSC national standard for Vietnam was announced in Hanoi on 7th January 2020. This national standard is being promoted as a tool for Vietnam to manage its forests sustainably and at the same time promote responsible wood processing and trade. According to Vu Thi Que Anh, Country Director, FSC Vietnam, the national standard will be effective …

Vietnam’s wood and wood product exports achieved 19.5% growth in 2019

12-02-2020
Vietnam, wood, wood product, exports, FDI enterprises, vietnamese-owned enterprises, growth

According to Vietnam’s Customs, in 2019 the total value of wood and wood product exports from 2,392 enterprises (Vietnamese-owned and FDI enterprises) amounted to US$10.647 billion (19.5% higher than what was achieved in 2018) lifting the wood and wood product export rank to 6th amongst Vietnamese export commodities, reported ITTO. (Wood …

US$ 51.6 million timber processing factory to be built in Ha Tinh

11-02-2020
Vietnam, Ha Tinh, North Central Vietnam, new, factory, wood processing, plywood, wood pellet, lumber

Ho Chi Minh City-based An Viet Phat Energy Company has broken ground on a VND1,200 billion (US$51.6 million) timber processing factory in the Vung Ang Economic Zone in Ky Anh township of the central province of Ha Tinh, a province in the North Central coast of Vietnam. The lumber, compressed wood pellets and plywood processing factory sits on a …

Vietnamese manufacturers seek opportunities amid drop in wood chips exports to

10-02-2020
Vietnam, wood products, wood chips, decrease, exports, China, coronavirus, pandemic

Vietnamese authorities and businesses are making efforts to promote domestic consumption of agricultural products, which are piling up due to the impact of novel coronavirus outbreaks in China, reported Vietnam News. Export turnover is forecast to decrease in the first quarter of this year due to the epidemic and subsequent impact on …