News archive

Tag: pandemic

Editor’s pickEGGER Group reports stable results for FY2019/20 and optimistic outlook amid COVID-19 pandemic

03-08-2020
EGGER Group, COVID-19 pandemic, Business Development, Financial Year

EGGER Group Management with Walter Schiegl, Thomas Leissing and Ulrich Bühler (from left) reports stable key figures despite the start of the crisis EGGER Group has reported that despite the closing of the financial year (FY) 2019/20 coming at a particularly challenging time, they celebtrate eleven successful months and thus an overall …

Vietnam’s wood processing firms surviving and eyeing post-pandemic opportunities

13-05-2020
Vietnam, wood processing, manufacturing, post-pandemic, opportunities

Many wood processing firms from Vietnam have managed to operate despite the COVID-19 pandemic and many have even rolled out new measures to take advantage of the opportunities on offer when the pandemic is over, reported Vietnam News. Vu Hai Bang, CEO of Woodsland, one of the country’s leading furniture exporters, said that while his …

Vietnam’s exports surge in four months despite pandemic

08-05-2020
Vietnam, trade, import, export, surge, January, April, 2020, wood products, pandemic

According to statistics released by the General Statistics Office (GSO), Vietnam's export value saw a year-on-year increase of nearly 5 per cent to an estimated US$82.94 billion in the first four months of 2020 despite the ongoing pandemic, reported Vietnam News. Domestic companies generated $26.45 billion from exports during the period, an …

Impact of pandemic on Malaysian forest and logging sector's employment and income

04-05-2020
Department of Statistics Malaysia, forest, logging, sector, income, employment, COVID-19, coronavirus, pandemic

The Department of Statistics Malaysia (DOSM) conducted an online survey to assess the impact of the pandemic on employment and income, reported ITTO. For the forestry and logging sector the survey results showed 6 percent of workers were on half pay leave, 18 per cent were on unpaid leave and 12 per cent had lost their job. The report can be …

Wood products industry identified as essential workforce by U.S. Department of Homeland Security

23-03-2020
U.S. Department of Homeland Security, wood products industry, essential workforce, coronavirus, pandemic

The U.S. Department of Homeland Security has identified the wood products industry as part of an essential workforce in times of the coronavirus pandemic. In a statement released on March 19, Homeland Security stated that “Workers who support the manufacture and distribution of forest products, including, but not limited to timber, …

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 …

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