News archive

Tag: Vietnam

Vietnams's FSC national certification standard announced

14-02-2020
Vietnam, FSC, national standard, national certification, forest management, sustainable, responsible wood processing, trade

The FSC national standard for Vietnam was announced in Hanoi on 7th January 2020. This national standard is being promoted as a tool for Vietnam to manage its forests sustainably and at the same time promote responsible wood processing and trade. According to Vu Thi Que Anh, Country Director, FSC Vietnam, the national standard will be effective …

Vietnam’s wood and wood product exports achieved 19.5% growth in 2019

12-02-2020
Vietnam, wood, wood product, exports, FDI enterprises, vietnamese-owned enterprises, growth

According to Vietnam’s Customs, in 2019 the total value of wood and wood product exports from 2,392 enterprises (Vietnamese-owned and FDI enterprises) amounted to US$10.647 billion (19.5% higher than what was achieved in 2018) lifting the wood and wood product export rank to 6th amongst Vietnamese export commodities, reported ITTO. (Wood …

US$ 51.6 million timber processing factory to be built in Ha Tinh

11-02-2020
Vietnam, Ha Tinh, North Central Vietnam, new, factory, wood processing, plywood, wood pellet, lumber

Ho Chi Minh City-based An Viet Phat Energy Company has broken ground on a VND1,200 billion (US$51.6 million) timber processing factory in the Vung Ang Economic Zone in Ky Anh township of the central province of Ha Tinh, a province in the North Central coast of Vietnam. The lumber, compressed wood pellets and plywood processing factory sits on a …

Vietnamese manufacturers seek opportunities amid drop in wood chips exports to

10-02-2020
Vietnam, wood products, wood chips, decrease, exports, China, coronavirus, pandemic

Vietnamese authorities and businesses are making efforts to promote domestic consumption of agricultural products, which are piling up due to the impact of novel coronavirus outbreaks in China, reported Vietnam News. Export turnover is forecast to decrease in the first quarter of this year due to the epidemic and subsequent impact on …

Forest product exports now one of Vietnam’s top three commodities

17-01-2020
Vietnam, forest products, top three, commodities, Vietnam Timber and Forest Product Association, 2025 target

Having achieved exports of over US$11 million in 2019, a year-on-year increase of 18%, the industry is expected to achieve US$20 billion in export earnings by 2025, said Nguyen Xuan Cuong, Vietnam’s Minister of Agriculture. He spoke about Vietnam’s timber products performance at a meeting with the Vietnam Timber and Forest Product …

South Korea launched anti-dumping investigation on Vietnamese plywood

17-12-2019
Anti-dumping, duty, Vietnam, plywood, Korea, Korean Wood Production Association, Malaysia, China

In December, the Korean Trade Commission announced an anti-dumping investigation on plywood imported from Vietnam. This came about as Korea’s domestic manufacturers complained that imports from Vietnam are affecting the domestic industry, reported ITTO. It has been reported that the Korean Wood Production Association is proposing an …

Vietnam’s wood exports likely to reach US$11B in 2019

06-12-2019
Vietnam, export, forestry

Vietnam’s export turnover of wood and forestry products is forecast to hit US$11 billion (S$15 billion) in 2019, according to an official from the Vietnam Administration of Forestry (VAF). Deputy General Director of the VAF Cao Chi Cong said foreign investment and cooperation have significantly contributed to the forestry sector’s …

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