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Tag: manufacturers

Vietnamese wood products manufacturers face cancellation and delays from U.S. and EU buyers

16-04-2020
Vietnam, wood products, manufacturers, delay, cancellation, orders, impact, coronavirus

As much as 80 per cent of timber buyers from the U.S. and EU have delayed or cancelled their orders as of March 30 due to new coronavirus, reported VN Express. The cancellation and delay rate from South Korea and Japan buyers is an estimated 60 to 80 per cent. This can potentially wreck severe damage to Vietnam’s timber industry this year, …

Vietnam’s wood product manfacturers need to restructure production

27-03-2020
Vietnam, wood and wood products, manufacturers, exports, imports, trade, impact, restructure, COVID-19, coronavirus

Vietnam’s wood processing enterprises will need to continue reorganising their production and business activities to manage challenges during the novel coronavirus (COVID-19) pandemic, said the Ministry of Agriculture and Rural Development (MARD). According to Vietnam News, the restructuring would help enterprises transit to production and …

Trade dispute undermining performance of the furniture sector

16-12-2019
Indonesia, Ministry of Industry, furniture industry, exports, Small and Medium industries, foreign manufacturers, China, Central Java, Shandong Timber Association, East Kalimantan

The Ministry of Industry (Kemenperin) said it would continue to support growth in the furniture industry. However the sector has faced problems as the Ministry of Industry records show the value of furniture exports reached only around US$730 million in the first half of this year while exports in the first 6 months of last year reached US$845 …

New government programme in Indonesia to partner furniture designers with manufacturers

08-11-2019
Indonesia, government programme, furniture designers, manufacturers

Indonesia’s Ministry of Industry has launched a programme to promote the development of the Indonesia’s furniture manufacturing sector. Abdul Rochim, Director General of Agro Industry in the Ministry of Industry said government support will focus on the development of creative and innovative design concepts for the industry, reported …

Closer trade ties between India and Thailand’s wood industry with signing of MOU

15-10-2019
Thailand, India, MOU, signing, rubberwood, Thai Hevea Wood Association, Association of Furniture Manufacturers & Traders (India)

Despite the poor prospects for exports, Thailand remains hopeful that exports to India will grow by 8 per cent this year, reported Bangkok Post. Commerce Minister Jurin Laksanawisit, led a Thai delegation to Mumbai and Chennai from 24 to 28 September said Thai products remain promising in India for food, cosmetics, furniture and decorative …

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