News archive

Tag: Vietnam

Vietnam's Increasing Timber Imports

15-07-2019
Vietnam, Import

KUCHING: Vietnam, a major importer of Sarawak logs and timber products, has a blossoming downstream processing industry. Vietnam has been rapidly expanding its processing sector by increasing its imports of primary wood products, especially hardwoods, from over 100 countries.  In 2018, Vietnam’s wood processing industry imported …

Vietnam eyes bigger wood, woodwork export in 2019

28-06-2019
Vietnam, trade, export, timber

Vietnam has set a target of earning 11 billion U.S. dollars from exporting wood, woodwork and other forest products this year, up from 9.4 billion U.S. dollars last year, said the Vietnam Administration of Forestry. The country made wood and wood-based product export turnovers of nearly 4.3 billion U.S. dollars in the first five months of this …

Forest industry posts trade surplus of more than USD 4 billion in H1

26-06-2019
Vietnam, timber

The forest industry gained a trade surplus of more than US$4 billion (SGD 5.4 billion) in the first six months of this year, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development. The export value of forest products in the period reached nearly $5.3 billion (SGD 7.2 billion), up nearly 20 per …

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 …