July 29, 2022 | 16:25

Wood enterprises having a tough time

Chu Khôi

Due to sharp increases in materials and transportation costs, the export turnover of wood and wooden products in July fell 5.5 per cent compared to June and 1.6 per cent year-on-year. According to the Timber Association and Forest Trends report, nearly half of surveyed wood enterprises believe their revenue will fall by 40 per cent this year.

Wood enterprises having a tough time
Photo: Illustration
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