Tag: wood

The wood industry is recommended to diversify its markets, targeting Europe, Japan, Australia, Canada, the Middle East, and China to offset declines in the U.S. market...

As demand soars and trade policies favor, Vietnam's wood industry surges, yet hurdles loom in regulatory scrutiny and market diversification.

The US Department of Commerce delays its conclusions on whether Vietnam serves as a transshipment point for Chinese-made cabinets subject to steep tariffs.

Training gets underway as two sides work to control wood origin and expand export markets.

Wood and wooden product export turnover down 28.3% in Q1.

Vietnam’s export turnover for wood and wooden products of $14.5 billion in 2021 made it the second-largest exporter in Asia and fifth in the world. To reach the goal of export turnover hitting $25 billion by 2030, the forestry sector needs to build and operate the Vietnam timber legality assurance system (VNTLAS) in accordance with international commitments and agreements, ensuring that 100 per cent of wooden materials used in the entire value chain are legal.

Figures from the General Department of Vietnam Customs show that the US imports the most textile products from Vietnam and is also the largest market for Vietnam’s wood and wooden products. Textiles and wood are now among the groups with the largest number of stocks and attract the most attention from stock market investors.