News archive

Tag: trade

Indonesia backed off plans to loosen rules for timber legality

21-05-2020
Indonesia, ministry of trade, legality, timber, forestry, SVLK, exports, EU, vertification

Indonesia has turned back on plans to weaken rules for the timber exports, following warnings that continuing the move would undermine efforts to combat illegal logging and deforestation, reported TTJ. According to Reuters, the changes in timber legality rules put forward by Indonesia's trade ministry earlier this year would have ended …

Vietnam’s exports surge in four months despite pandemic

08-05-2020
Vietnam, trade, import, export, surge, January, April, 2020, wood products, pandemic

According to statistics released by the General Statistics Office (GSO), Vietnam's export value saw a year-on-year increase of nearly 5 per cent to an estimated US$82.94 billion in the first four months of 2020 despite the ongoing pandemic, reported Vietnam News. Domestic companies generated $26.45 billion from exports during the period, an …

Hardwood plywood, wooden cabinets and vanities from Vietnam may be investigated by U.S. for trade defence measures

21-04-2020
trade defence measure, U.S. Department of Commerce, origin fraud, illegal conveyance, Vietnam, hardwood plywood, wooden cabinets, wooden vanities

Hardwood plywood, wooden cabinets and vanities exported to the U.S. are among the 12 products at risk of being investigated for trade defence measures, origin fraud or illegal convenyance, announced the Trade Remedies Authority of Vietnam, reported Viet Nam News. The rest of the list included mattresses, quartz surface products, seamless refined …

29 groups, organisations and trade unions from Malaysia: Operating businesses during MCO must be classified as offence

15-04-2020
Open letter, government, businesses operating, coronavirus, non-essential, groups, organisations, trade unions

In an open letter published on Malaysiakini, 29 groups, organisations and trade unions urged the government to classify operating businesses of non-essential nature as an offence. They expressed their shock that “it seems that it is no longer an offence for companies/businesses not providing essential services to continue to operate during …

Vietnam’s trade ministry recommends three solutions to the state to assist local industrial enterprises

09-04-2020
Vietnam, coronavirus, ministry of industry and trade, industrial enterprises, solution, recommendations

Vietnam’s furniture production industry is already seeing the impact of the coronavirus pandemic since the US and Europe were key markets accounting for 58 per cent of Vietnam’s total furniture exports, reported Vietnam News. The Vietnam Timber and Forest Product Association reported that exports of timber and wooden products would …

Indonesia risks timber trade with EU after scrapping license rules

31-03-2020
Certification, Coronavirus, COVID-19, Environment, Forests, Global Trade, Illegal Logging, Illegal Timber Trade, Illegal Trade, Logging, Sustainability, Sustainable Forest Management, Timber, Timber Laws, Tropical Forests

By Hans Nicholas Jong, Mongabay News The European Union says a move by Indonesia to no longer require that wood exports be verified as coming from legal sources threatens the timber trade between the two sides. The EU has since 2016 put its trust in Indonesia’s timber certification scheme, the SVLK, to ensure that the wood it imports …

Subscribe to our newsletter