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Tag: wood

Balancing act required for open wood industry

Foreign-invested wood and timber enterprises are contributing a significant chunk to the nation’s export turnover. To strengthen cooperation between these and domestic companies, the adoption of new policies seeks agreement among experts and other stakeholders.

Vietnamese Plywood Branch wants to recheck the export of veneer products

The Vietnamese Plywood Branch has just sent a document to the MoF and VIFOREST to ask the authorities to recheck wood-based veneer items exported to China.

Risks at the fore in global wood trade

Many timber enterprises are facing difficulties as the General Department of Taxation is implementing a series of measures to tighten the management of VAT refunds. Meanwhile, the sector is already coping with accusations of tax evasion and anti-dumping measures in some importing markets.

Collaborations required to achieve wood industry goals

As the Ministry of Agriculture and Rural Development has set forth an ambitious target for 2021 after the poor results from last year

Wood exporters face array of obstructions

An oversupply of undervalued certified timber and a lack of interest from local wood processors currently stand in the way of Vietnam’s export plans to increase its foothold in Western markets. However, German assistance might help solve some of the issues that forest growers are facing.

Strategic market identification sought for stronger wood trade

Vietnam’s wood industry is leaving behind a successful 2020, ready to embrace the new advantages that some of last year’s signed and effective trade agreements bring with them. However, local associations recommend shifting the focus from purely manufacturing consumer goods to creating identifiable brands and innovations.

Vietnam’s wood exports grow in anticipation of UKVFTA

Vietnam's wood exports to the UK are expected to grow strongly as the two countries have recently concluded the UK-Vietnam Free Trade Agreement (UKVFTA).

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