News archive

Tag: export

Editor’s pickVietnam has exported almost US$5 billion of wood products this year alone

07-08-2018
Vietnam, export

Foreign direct investment firms in Vietnam have reported export revenue of more than US$1.78 billion from wood and wooden products this year, according to the Vietnam Industry and Trade Information Centre (Vinanet). The figure is 4.8 per cent higher than over the same time in 2017, and makes up about 43.2 per cent of Vietnam’s total export …

Editor’s pickBIFA Wood Vietnam: In the heart of Vietnam's Furniture Manufacturing Cluster

26-07-2018
Vietnam, BIFA Wood Vietnam, Furniture, Wood, Panels, Timber, Market, Export, Wood Industry, Woodworking, Southeast Asia, Growth

Vietnam’s woodworking industry is seeing significant growth in recent years. Just last year alone, the industry saw a revenue of US$8 billion, a 10 per cent growth from US$7.3 billion in 2016. The country’s phenomenal growth in the last decade has made it a serious contender to overtake China as the world’s manufacturing …

Editor’s pickLong Viet: Quiet but Powerful

24-07-2018
Vietnam, Asia, Timber, Wood, Wood Industry, Industry, Material, Business, MDF, Binh Duong, Bui Nhu Viet, BIFA Wood Vietnam, Powerful, Long Viet, Export

Mr Bui Nhu Viet, General Director of Long Viet With a focus on veneer, melamine, MDF, particle boards and components, Long Viet has chosen to specialise in the basic materials of the furniture industry. And though they do not export their products to other countries, according to Mr Bui Nhu Viet, general director of Long Viet, many other …

Editor’s pickBIFA Wood Vietnam: In the heart of Vietnam’s furniture manufacturing cluster

20-07-2018
Vietnam, Asia, Timber, Wood, Wood Industry, Industry, Material, Business, Manufacturing, Export, Market

Vietnam’s woodworking industry is seeing significant growth in recent years. Just last year alone, the industry saw a revenue of US$8 billion, a 10 per cent growth from US$7.3 billion in 2016. The country’s phenomenal growth in the last decade has made it a serious contender to overtake China as the world’s manufacturing …

Editor’s pickBinh Duong, The Next "SMART" City

18-07-2018
Vietnam, Asia, Timber, Wood, Wood Industry, Industry, Material, Business, Binh Uuong, Huynh Quang Thanh, BIFA Wood Vietnam, Smart City, Vision, Export

Huynh Quang Thanh, Chairman of Binh Duong Furniture Association (BIFA) Although second to China, Vietnam still holds an advantageous position when it comes to wood-based products manufacturing and exports. With China’s imposition of taxes on wood products exports and Southeast Asia reporting a labour crunch, Vietnam can expect less …

Editor’s pickThe Binh Duong Economic Story

16-07-2018
vietnam, asia, timber, wood, wood industry, industry, material, export, business, binh duong, Nguyen Van Danh, BIFA Wood Vietnam, economy

Nguyen Van Danh, Director of Binh Duong Industry and Trade Department, Executive of the People's Committee of Binh Duong Province, and Congressman of Vietnam Driven by pro-business policies, Vietnam’s south has, for years, attracted foreign direct investments, transforming sleepy towns into industrial powerhouses. Binh Duong is one such …

Editor’s pickVietnam's VPA Voyage Builds Momentum

13-07-2018
vietnam, vpa, asia, timber, wood, woodindustry, material, illegal, legality, export, business, financial, government, flegt

The artisanal community must also be brought through the VPA. Vietnam still has obstacles to overcome to reach the key objective of its EU Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement (FLEGT VPA) — issuing FLEGT licences that assure the legality of its timber exports to the EU. The country’s …