26.2 C
Ho Chi Minh City
Monday, April 13, 2026

CATEGORY

Features

Woodwork industry in Mekong Delta

The Mekong Delta has long been perceived solely as a land for cultivating paddy, fruit trees, fish and shrimp. This mindset, entrenched over many years, has become an invisible barrier, preventing the country’s most fertile region from being systematically integrated into national strategies for forestry and timber development. Vietnam’s wood and woodwork exports totaled approximately US$13.4 billion in 2023, reflecting the impact of weaker global demand. The industry rebounded strongly in 2024, with exports rising 20.3% year-on-year to US$16.25 billion, securing Vietnam’s position among the world’s top five woodwork exporters. Furniture shipments contributed US$6.44 billion, representing 30.4% of total exports. The United States remained Vietnam’s largest market, accounting for more than 55% of overall woodwork exports. Despite robust export growth, Vietnam’s woodwork industry remains heavily reliant on imported raw materials. In 2024, wood and wood product imports reached US$2.81 billion, a 28.1% increase from 2023. Raw wood alone accounted for approximately US$2.4 billion, representing 85.2% of total imports. Sawn timber imports rose sharply to 2.39 million cubic meters, valued at US$923 million—up 66.4% year-on-year. In the first half of 2025, Vietnam imported 2.5 million cubic meters of timber worth US$838.4 million, marking a significant rise in both volume and value […]
To read more, please click here.

Missing blueprint for climate resilience

Climate change is exposing HCMC, the south-central provinces, and the Mekong Delta to increasingly severe risk scenarios. The Saigon Times spoke with architect Truong...

HCMC needs extra-statutory solutions

The Government believes that, for HCMC to maintain its role as the country’s growth engine and realize the goal of achieving double-digit growth as...

Walking indoors in rainy season

Walking indoors is a safe and practical option in winter or rainy season. Five different ways to walk indoors in winter or rainy season recommended...

Growth drivers for 2026

The National Assembly has approved an economic growth target of at least 10% for 2026, the highest ever. This raises an important question: where...

Where is money heading for?

Liquidity in the stock market has dropped markedly in recent weeks. Beyond the negative market developments that have led many investors to temporarily withdraw,...

Maritime space: A global logistics gateway

Editor’s note: Facing new challenges, Ho Chi Minh City (HCMC) needs a major shift in thinking — to restructure its ground space for more...

Strong credit growth and liquidity pressures

Capital mobilization has been rising at a slower pace than outstanding loans — a trend seen across many banks since the beginning of the...

Returning home with a mission

After spending more than four decades living and working in Europe, especially in Switzerland, Truong Dinh Ngo and his wife, artist Camille Huyen (a...

Careful consideration needed

According to a summary report of National Assembly deputies’ opinions during the group debate on the draft of the amended Law on Personal Income...

Latest news