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Wednesday, January 22, 2025

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wood industry

Vietnam projects US$16 billion in wood exports for 2024

HCMC - Vietnam's wooden products exports had generated around US$13.2 billion in the year to October, a 12% year-on-year increase, and are projected to...

Vietnam’s wood exports near year-end target

HCMC - Vietnam’s wood exports reached an estimated US$14.6 billion between January and November, edging closer to the target of US$15.2 billion for this...

Confiscated timber no longer classified as legal

HCMC – Vietnam will no longer consider confiscated timber as legal under the new regulations set forth in Decree 120/2024, which takes effect on...

A bumpy road back to domestic market

Even though Vietnam is among the top five global exporters of wooden furniture, local brands are still struggling to gain popularity in the home...

Vietnam strengthens control over wood imports

HCMC – Vietnam has tightened regulations on wood imports to align with international commitments on sustainable forest management and enhance the global competitiveness of its...

Timber exports seen declining 15.5% this year

HCMC – Vietnam's timber industry is expected to see a 15.5% year-on-year drop in exports, totaling US$13.5 billion, according to the Vietnam Timber and...

Small markets, big opportunities

Amidst challenging economic conditions, a Vietnamese insulation materials company has experienced significant growth by focusing on core production and implementing a new management approach. The...

VND2 trillion in VAT refunded to wood industry firms

HCMC – Wood industry enterprises, primarily woodchips and wood pallets exporters, have received value added tax (VAT) refunds totaling VND2 trillion as of today. According...

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