wood

Retail Asia15/09/2023

Vietnam’s wood export is likely to hit about $14.5 billion this year, lower than the yearly target of $17 billion, said Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Chanh Phuong. The figure could reach roughly $6 billion between now and the year’s end. Since early this […]

Retail Asia23/05/2023

Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities. Data from the General Department of Customs showed that the export turnover of wood and wooden products reached $3.9 billion […]

Retail Asia18/01/2023

The export turnover of wood and wood products is expected to set a record high of $18 billion in 2023, with wood pellets and woodchips forecast to enter the one-billion U.S. dollar club. President of the Vietnam Timber & Forest Products Association (Viforest) Do Xuan Lap said that the figure will represent a 7-9% growth […]

Retail Asia07/02/2019

The Malaysian Timber Council (MTC) remains optimistic that Malaysia will achieve its RM25 billion export target for wood-based products by 2020 despite a fragile global trade and economy caused by the US-China trade war. “We believe that the RM25 billion target is still achievable notwithstanding the potential headwinds that may come along the way, for […]

Retail Asia22/06/2018

The recent escalation of trade tensions between the U.S. and China could have a positive effect for some industries in Vietnam, but experts warn these gains could prove short-lived. U.S. President Donald Trump announced last week that he would push ahead with tariffs on $50 billion of Chinese imports starting July 6, and China retaliated […]

Retail Asia30/05/2017

Vietnamese wood companies will not exploit, transport, process, produce or trade in illegal wood and wooden products, according to the Viet Nam Wood and Forest Association (VIFORES). With a view to achieve sustainable development of its exports, the wood industry has committed to refrain from illegal trading at a conference in Ha Noi late Friday, […]

Retail Asia30/01/2017

This was stated by Bui Chinh Nghia, deputy head of the Ministry of Agriculture and Rural Development’s (MARD) Forestry Department. Nghia said this would result in a cut of some 40,000 cu.m. of raw material this year. Ensuring timber supply for domestic manufacturing is a problem in Vietnam as a large amount of raw timber […]

Retail Asia27/12/2016

iệt Nam estimated to gain US$7.3 billion from the export value of wood and wooden products this year, a slight increase of 1 per cent year on year, reported the Ministry of Agriculture and Rural Development’s General Department of Forestry. Nguyễn Bá Ngãi, deputy director of the general department, said this year, export value of […]

Retail Asia18/11/2016

Tesso Nilo National Park, Riau Province, Indonesia. This patch of forest is supposed to provide a habitat for tigers and elephants, but is constantly under threat of fire, illegal logging and encroachment. Image: The first containers of plywood certified as legal under the EU’s anti-illegal-logging action plan were shipped out of the Indonesian capital on […]

Tag: wood

Wood export likely to hit $14.5B in 2023

Timber exporters face sharp decline in orders

Wood exports to hit record of $18B this year

RM25b export target for wood-based products achievable: Malaysian Council

Vietnamese steel, wood firms might gain from US-China trade war

Vietnam wood firms to refuse contraband

Lack of timber threatens wood industry

Wood exports inch up, but prospects cloudy

Indonesia ships first containers of timber under EU legality scheme